You can see my real-time trading analysis and now bout this chart I think nifty can continue in this consolidation face a few more days with a double bottom resistance line after this consolidation it may continue to bulls if you take a few steps back on nifty chat that you can see from 14 March to 27 March it takes almost complete a month to make double bottom...
As you can see in the chart bank nifty follows a double bottom to make an uptrend and it continues following the previous downtrend line at this point may be it can show us some consolidation or correction soo take your step carefully.
The bank nifty on its crucial point because of the trendline that you can see on the chart and its taking support of 40200 or making a double bottom after its breaking maybe it will be a Bull run. Until double bottom breakdown its continues falling or stuck in consolidating face. NSE:BANKNIFTY
The nifty50 is ready to move up but needs some crucial level to cross like 17100 or 17200 after that it's boomed up but before that, it continues to consolidate under those levels. At this time the market is good for Option sellers after those levels cross this market is going to be for Bulls players NSE:NIFTY
This is my first post on trading view so I am posting this actually about looks like Nifty is going to follow this downtrend line and make a bottom on the downside of this trendline