Short Term downtrend IDENTIFICATION with ATR Nifty

Today's 14-ATR is at 110. & Pre Closed 11445

11445 - 110p
Suppose to break breakdown today this 11335 level, then ATR can raise.
Conclusion: Don't believe Nifty has started down trend.
BANKNIFTYNIFTYnseTrend Analysis

Penafian