NIFTY broke multiple trend lines today and also retested them. Most likely to fall up to 11320-11300 levels. If weakens further may fall up to the trend line from which it gave the falling wedge breakout. This will also retest the trend line. RSI is also weak so look for shorting opportunities for few sessions .Weakness may continue up to Wednesday and we may see short covering and profit booking on Wednesday and expiry day. Rest depends on bank nifty
All I see is the formation of the Inverse Head and shoulder pattern completing its last shoulder pattern yesterday in the last hour. it's like someone is dead set to trace a meaningful pattern, even with positive momentum yesterday if it went above 11550 then it's completing its pattern and 11800-12000 range for September end. my idea will cancel if it breaks support 2 of your graph