NIFTY made an inverted "W" pattern on 4HR TF.

There are chances NIFTY can have good fall after the channel break or it could reverse from Trendline support. This could be a possibility which could happen within this week.

For Intraday, once the price breaks on the trendline support we could look for PE trade.
Or it could reverse and the target would be Trendline resistance.

FOR EDUCATIONAL PURPOSE ONLY.....