As we can see, despite forming negative bias NIFTY regained its original shape and got back to its original direction i.e UPTREND. Needless to say, we always had been on the right direction since the beginning and bought every dip with logic. NOw it can be seen forming flag-pole pattern which is also a bullish continuation pattern hence as long as NIFTY maintains itself above 25000, a sharp upmove can be expected so plan your trades accordingly and keep watching.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.