Hi nifty traders :-)
Nifty still seems to be bullish. There is a wonderful flag..the consolidation stopped exactly at the min. correction level (Fib 0,38). This seems to be a traders dream :-)
As long as nifty is trading above this niveau (11.550), the sentiment is bullish.
Breaking this niveau should initiate a sharp and fast downmove with first TP 0,618 Fibo at 11.260.
Good trades !
Comments are strongly appreciated