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Nifty analysis for 11/04/19

stock market

Nifty is undergoing flag pattern. Yesterday after touching red line it reversed to move towards green line. Today it may touch green line and again reverse towards red line. This is generally continuation pattern and share moves in the direction of prevailing trend which is up after breakout. Target can be decided after breakout.This pattern is very good for intraday trading as you get gap in both direction.

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