NIFTY is witnessing its testing times and now with the positive close following the expiry day gives a sense of strength to the market. However things would be much crucial on monday and all positions are to be cautiously watched.
A Flag pattern is being witnessed on 1H,15M chart of the nifty which might signal exhaustion of the bearish mode for some time, neverthless the overall sentiment remains negative.
@econ_rizwan bro...seriously? you call this a flag.... This seems to be a sure SL hit given that SGX is indicating a gap down of 600pts on Monday (23rd)