Nifty showing a new pattern

A down move in Diagonal shape

I cant say its a Flag but more similarities with Diagonal pattern

It may be a Broadening wedge or Gramophone pattern

What I am getting is a 5 wave down move with wave-4 completed at 8806

And Projection of Wave-5 coming at 8480-8393 range

Here waves are overlapping which is nature of Diagonal pattern