NSE:NIFTY   Nifty 50 Index
nifty 1 hr chart
nifty near support and made parallel channel

breakdown possible if breaks the horizontal line and sustained

or else a rebound possible
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.