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sandeep6883
2020年5月22日午前10時48分

Down Flag formation on weekly graph ショート

Nifty 50 IndexNSE

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Green Line & Red Line are cloth of the flag.
Height of Pole = ~4700
Potential target = 5450 & 5300 (Yeah, looks unrealistic but... that's what the technical charts say)
Based on the duration of flag formation... We should reach this by mid June.

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Another approach of target calculation suggests taking pole height in %ge.
There fore the fall from pole's bottom of ~12200 to pole's top of ~7500 = 38%
The green line's intersection with breakout candle will be new bottom i.e. 10000 and fall of 38% from there gives another target of 6200... the duration however remains the same.
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