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Nifty - Bearish Flag pattern 16900 is Possible??

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NSE:NIFTY   Nifty 50指数
Nifty is forming Flag Patterns and on Friday close it exited the flag channel then closed below.

As Global cues are negative our market is also expected to Open Gap down on Monday.

This week We can expect 16900 will be tested before it takes the next up move.

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