After gap down, NIFTY bounced back in this channel
Weekly close below 410 will take it down to 380 Next minor support is at 366.
Today NIFTY made low of 11536 and covered more than 90 pts.
If it fails to take support at 650, it may see 625 and 610 levels.
If this level is broken, can see 1100 in few sessions.
It looked like NIFTY is creating support and resistance between 11400 and 11500 but today it went above it's so called resistance and fell 0.90 short of touching 11600 level. Last trading hour NIFTY traded above 11550, it shows bullish bias.
Price has taken support around 360 & RSI bullish divergence.