as we can see the trendline has tremendous price action , no matter whether in a bull or bear market in upward direction. Nifty can be bought there but main thing to remember is position should be strictly intraday as the longer term trend is downward and nifty to touch 10500 likely. As it has been seen that after a retracement immediate fall is seen very next day.
Komen:
alert nifty at 11026