Индекс Nifty 50
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NIfty is looking Bearish according to price action

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As after the bearish setup on daily time frame the market is falling making inverted flags again it looks like an inverted flag which is a decent flag but it is wide than previous one so triggering a selling trade may looks like going with the trend but will be a less potent trade setup we have to find a setup which is more potent will less stop loss the target for this setup looks till 16700.
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NIFTY is in a wide falling channel
FLAGFlagNIFTYTrend Analysis

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