Parallel channel

Nifty next 50 had broken the parallel channel but still managed to close within the boundary. It had bounced from 240 Dema. Daily close below 33460 would be negative for 30000-30500 zone. LL on daily chart is not a positive structure
HL is required to be posted to confirm the respect of lower boundary of channel.

Disc : it's not an investment advice to buy or sell