NIFTY is yet to take SUPPORT

As we can see NIFTY remained sideways to negative as analysed in our previous analysis. We further saw that NIFTY had been trading in the lower half of the channel and has not yet reached the lines to take support hence we may expect NIFTY to correct more, If in case it breaks below then we may see a panic in NIFTY else any signs of rejection around those could be a great buying opportunity so plan your trades accordingly.