DislikedNice bounce from weekly lower channel TL. If it has held then channel top is 166+ or somewhere in median of the channel.
Lets see if it plays out.
BalajiIgnored
Forgive me - but just a constructive observation...
I will buy your lower TL - but the top of your channel, in my opinion, is weak. Trendlines should ideally be generated from fractal highs/lows. I have a guideline that matches your lower line, but I have a wedge formation on top, rather than a channel.
You have however taken your decision from the lower line - and that is a good trendline - so all good.
Please do not take offence - it is just my humble opinion.
All the best to you