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Down Trend start, Next Target is the Channel Bottom.

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Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Trend Analysis Chart Patterns Wave Analysis niftytrend nifty50 niftyshort sellsignal downtrend Trend Line Break niftyprediction buysellsignal Contains image
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trendanalysis chartpattern waveanalysis niftytrend nifty50 niftyshort sellsignal downtrend trendlinebreak niftyprediction buysellsignal containsimage
Nifty 50 coming down side, because Trendline breakout is the one of the Confirmation and also did not closing above the Channel Pattern.

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Refer this link :
snapshot
Trading ditutup: target tercapai:
NIfty50 Reached Target 1 is 0.5 Fibonacci Retracement. Refer below image.
So it may correction for Down Trend. Hereafter, continue to Down Trend.
snapshot
Trading ditutup: target tercapai:
2nd Target Channel Bottom Reached. Refer this image.
snapshot
Trading ditutup: target tercapai:
3rd Target 1.2 Fibonacci Level Reached. Refer this image.
snapshot

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