If NIfty shoots upside it can topout at the previous high @ 11341. if it breaks down 11165 then it can trade below the neck line placed at 10880.
Upside target : 11243, 11300, 11341, final 11377 downside target : 11111, 11055, 10880 , if the neck line is broken then the direct target will be 10580 and 10551 which is 1.618 level and the STOPLOSS HUNT IS till @10400.
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Nifty is trading perfectly has per the technicals..the double top has topped out and went for a selling
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Nifty has tested the channel's support and tried to even break...the channel started from march 2020 low