This pullback can push price 9066 up to easily. At a,b and c of 50% retrecement zone from where price started to move downward. Value area with 3 control lines has plotted on parallel channel. The control C1 and C2 is stronger than C3. Value area is predicted by price and control price. There is more chance to continue to fall. Nifty is...
Nifty looks more like trying to avoid break down from the wedge than break out
Nifty may breakout after pennants flag formation with flag top as resistance 1.