NIFTY |Flag Formation

Nifty showed some reversal as we analyzed and posted on twitter. However, for any kind of upmove it needs to close above 11140-150. It is forming bearish flag, if it breaks this flag downside below 10940-60 then it may reach 10600-10300 very quickly. Upside target on 10140-150 break out is 11600-700 minimum. Gann Date is on 18th August. So big move is round the corner.