Nifty Downward Trending Channel Setup

NSE:NIFTY   Nifty 50 Index
It is been observed on an hourly chart that the price action is trending in a downward channel where the price action making lower highs and lower lows. In order to break the channel, the price action must move out above 8820 levels until that happens every rise is a good opportunity to sell it.

Trade active: It is a good time to short it now for the Target 1: 8720 SL:8800
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out