Nifty has taken support at 17968, and It has made a triangle pattern on the support zone.
If it gives break out above and enters in the channel, we can expect a recovery.
Otherwise, nifty will break the support level and make a new low.
Also, check my old idea if it enters the channel:
Targets are valid.
If it gives break out above and enters in the channel, we can expect a recovery.
Otherwise, nifty will break the support level and make a new low.
Also, check my old idea if it enters the channel:
Targets are valid.
Note
The second target of nifty has reached at 18334.Note
Nifty: 
Note
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Related publications
Disclaimer
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.