If we slightly move the lower trendline upward, we can say that the channel Pattern has been broken
srikartiram
⋅
@ChetanBSonawane, True - It has Fib and Monthly Pivot S1 support, thats a little conviction i've got from the visual. Just trying my luck. I see NIFTY may bottom out between 14760-14800 so taking this risky trade based on the broadmarket view aswell.