Indice NIFTY 50

Formation of flag and pole patter

48
In hourly time nifty is forming flag and pole patter. On the breakdown break down we can go short in the market. Currently market is taking a retracement and there is no sign of bullishness in the market there are huge possition building on 16900 levels the wick of the candles represents the big players in market we might bullish move in upcoming days as of now no reversals were spotted.

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