CRefully inspecting the grapho of NIFTY sonce 1990 , we realized that First bull rub begin from mat 2002 when NIFTY break levels of 1465 after getting rejecting from same level 7 times , bull run made 445% return during that time, Now NIFTY is at higher level of that Channel which add my Vote of Major downtrend from that level as by 3 times NIFTY got rerejected...