NIFTY...
posting a chart of nifty after many days .
downward momentum is exhausting. look at dotted red channels
max a spike down may come.
volume is decreasing through fall.
MACD has a good.. unconfirmed positive divergence.
Even with a spike down.. we may not test recent lows is my assumption.
as usual... my short term view, for short term reversal may turn into a long term reversal too, if assumptions proved correct.