Price behaviour at certain level in nifty

NSE:NIFTY   Nifty 50 Index
See the price behave in big regression trend, it is for long investors how they catch sight of it. There are always two scenario in the stock as we always see,

The first thing is that the three regression trend i have plotted inside the big regression trend, the two regression are in "UP" direction trend and the last one is in "down" direction. So can be possible that it will break the small support and move down

Second scenario is that the price is more at its resistance since many days, it could be possible to go for resistance again.

Everything is based on what has already occur in the history.


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