Nifty was correcting since last one and half year but facing a very unhappy bullish outlook but this move, it looks good coz this support trendline is broken and after a little halt it can go up from next week. So our stop must be just below support, Fibonacci levels are working really good. So, it make it kind of confirmed for me. If all went well then new year will be 12200+ on chart
Guys do your own study first then only take action, I write this for my own memory only..