Indice NIFTY 50
Long

Flag and Pole in Nifty. 22500 or 23500?

88
After last week's Trending Pole, Nifty has been sideways this week trading in a range and creating a retracement flag.

Breakout on either side of the Range could lead to a trending move towards the Upper Limit of the Parallel Channel (Green) 23500 or The Midline of the Parallel Channel (Yellow) 22500.

RSI is divergent

Any dip towards 22500 could witness a decent buying.

Trade outside the Flag only.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.