Nifty 50
Simple Drawing always works. in daily charts, it clearly shows a downward channel and now it's at a resistance point. if it holds and breaks the upward line then it goes up, but in my opinion, it will go down to its support line.
Note
Be careful with a bull trap
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.