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Nifty 50 Analysis: Breakdown from Uptrend – Bearish or Reversal?
NIFTY
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NIFTY: Nifty 50 Analysis: Breakdown from Uptrend – Bearish or Reversal?

( Study Purpose Only ) My analysis of the Nifty 50 Index chart you shared: Trend Analysis: 1) Uptrend Channel (Purple Lines) -The index was moving in a strong uptrend channel until it peaked near 26,000. -This channel was providing support and resistance levels. 2) Breakdown from the Channel -The price has broken below the lower trendline of the ascending...

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