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Regression Channel - Nifty - Day & 1hr timeframe

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
OK_Rane  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns regression-trend-channel regressionanalysis gapanalysis niftytrend niftytradesetup niftyoutlook niftytrendanalysis
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trendanalysis chartpattern regression-trend-channel regressionanalysis gapanalysis niftytrend niftytradesetup niftyoutlook niftytrendanalysis
1. Change in the regression trend at day timeframe, 1st Dec 23
It occurred with Gap formation, which will act as good support
2. Another Regression channel can be observed at 1hr time frame
3. Spinning Top Formation at the weekly timeframe, implicates bearish sentiment in the last week's price movement


Another "change in the trend" is expected
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