Regression channel & Harmonic pattern - Short term bearish trend

Observations:
1. It is short term bearish trend as long as price holds above 24400
2. Price is below 50 DEMA

Possible Scenarios:

1. Price may attempt a mean reversion toward the median line of the channel

2. A break above could retest the 25,240–25,337 resistance zone, up move can only be considered when weekly candle will closed above that level because on weekly time frame there is 4 crows formation.

3. Harmonic patterns (1:1) suggests, the level of 24470 Support level in coming 10-15 trading days.