Disclosed is a position indicating device for a pull-out type circuit breaker used to cut off a current, the position indicating device including a position indicating plate installed at a lower surface of the circuit breaker to be rotatable up and down and having an arrow marked thereon, an indication supporter installed at a cradle and having stepped pressing surfaces for pressing up the position indicating plate, and a frame portion of a movable carriage, the frame portion having windows for externally showing a rotated state of the position indicating plate, whereby when the circuit breaker is docked with the cradle, the position to indicating plate is rotated by the indication supporter so as to indicate the position of the circuit breaker through the windows, thereby allowing a fastand precise recognition of the position of the circuit breaker.