NIFTY 1D Time Frame Analysis

Current Trend:
1) Uptrend parallel channel
2) It took a support exactly at 2 level of Fib .FIB cord -(1953.90 -1665.00)
3) currently it took a resistance @0.5 level of FIB

exception:
year of accumulation zone.. if it breaks the 1654 level , we can except another 300 point movement from there.

once this parallel channel is broken upside ,can can except positive momentum .

Indicator:
RSI: divergence in RSI
MACD: MACD still in positive territory. But showing some weakness currently.

first level of target-1653
support -1500