NSE FINNIFTY shows a clear downtrend channel on the 15-minute timeframe, with price consistently making lower highs and lower lows. The recent flat correction has failed near resistance, keeping overall momentum bearish and aligned with the broader trend.
The 27,300 level is a crucial support area; a sustained break below it opens the path toward 27,100 – 27,000. A bullish reversal would only be considered if price reclaims the channel and holds above resistance with strong volume.
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Price is testing the decision zone again, and the next move could set the tone. Are you leaning bullish continuation or deeper pullback?