Nifty looks bearish and it is at support level and we can see bearish "3 Drive pattern", if it breaks and closes below the trend channel we might see nifty touching 21000 (Upcoming election results could impact the trend though!?), time to be cautious in the Market and better to wait till election season completes.
-- Analysis is only for educational purpose please do your own analysis before invest/trade in the stock market.
-- Analysis is only for educational purpose please do your own analysis before invest/trade in the stock market.
Comment:
It may go up if it takes support at the trend channel.
Comment:
Took support of Trend channel and moved up to all time high.