hoping for upside when the price breaks the resistance line. also, there is support around 11150 regions. WAIT FOR PROPER SUPPORT FORMATION.
NIFTY50 will most probably find support around the trend line. Wait to buy when it forms support around the trend line. If it breaks the trend line it may find next support around 11426 as it might fill the gap. WAIT FOR SUPPORT OR BREAKOUT AROUND THE TREND LINE. ALSO, support is present at 11360. If the trend line breaks the first target can be 11426, the second...
Seems like double top formation. If breaks the neckline possible downside.
NIFTY 50 MIGHT RETRACE BACK TO 10850 LEVEL AND MIGHT BREAK THE SUPPORT OF THE TREND LINE AFTER THAT, WHICH IS AROUND 10800 LEVELS. NSE:NIFTY