Swing trading opportunity on Gillette.
About to reach lower part of the overall ascending channel. Likely to get the buy setup at the trend line. Personally i will wait for a perfect retrace before entering.
Still trading inside an upward sloping channel, which indicates further downside.
Got the entry at the top of the channel, lets see how it behaves at the bottom. If we are to correct even further, an impulsive break from the lower channel is required.
Bearish stance on NIFTY begins!