NIFTY forming Bear Flag Pattern Formation in intrday chart from Fridays high @ 6155 to 5950 ; where Pole difference is 205 points and is expected to give breakdown @ 5970 : if sustain trading beiow 5970 for 10 - 15 min will test 5950 amd will retest 5970 - 5975 lvl and continue the bear trend where i am looking at 5765 in near term.... ressitance and stop of 6050 is advise...
CMP is 5984 @ 9.54 am.
