if nifty stops following the earlier uptrend channel, a 'possible' down trend channel i have drawn that might come into play if nifty comes down below 5690.
a bounce off it below 5600 if that comes, would confirm nifty to be following it.
supports and resistances as provided by the trend channels lines.
imp note: if the nifty closes above 5750-5760 today, then it also stays out/above of the uptrend trend channel and keeps chances of pullback continuing.
