Nifty and Banknifty Both forming a Bull Flag in Hourly TF
Our Major Indices is forming a bull Flag kind of structure on hourly TF.
Can go Long after breakout or retest .
It is advisable to have a strict SL as there is pattern in hourly TF not on Higher TF. Also, Retest is also pending after a breakout of 16400 levels(nifty). This pattern may continue till that level.
Can go Long after breakout or retest .
It is advisable to have a strict SL as there is pattern in hourly TF not on Higher TF. Also, Retest is also pending after a breakout of 16400 levels(nifty). This pattern may continue till that level.
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