Kshitij_008

Nifty in A Channel (Flag Pattern?) - 10th April 2020

Short
NSE:NIFTY   Nifty 50 Index
Hi
As per my view, Nifty is in a channel as of now...so lets trade accordingly. But its turning out to be a flag Pattern , which is a very bearish signal for coming days.
The Pole length of the Flag pattern is turning out be around 4200 points & the Channel high could be around 9600.
So if the recent lows are broken we could have a dip uptill 5200 in nifty in coming weeks/months.

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