Nifty’s Yoga Routine: Stretching Down to Next Stop,24,223/23,245

Oct 22

Nifty’s Yoga Routine: Stretching Down to Next Stop,24,223 or Beachside at 23,245?

Nifty's been doing some yoga recently — a full downward dog, that is! With it currently stretching at 24,481, it's got traders sweating, and no, it’s not just because of their broken A/Cs. 📉

It looks like Nifty is headed for a scenic trip down to 24,223 and possibly even the vacation hotspots of 23,435 and 23,245. If you squint hard enough, you might even spot a hammock down there where we can all relax and reflect on our life choices as traders. 🌴

But hey, no need to panic (too much). If you're holding on, just remember: What goes down must come up... right? Or is that just Newton's apple theory? 🍎
Nifty, though, seems to have its own set of rules.

Keep those stop losses tight, and maybe grab a snack while you're at it — it's going to be a bit of a rollercoaster. 🎢
Who knows, we might hit the bottom just in time for Nifty to surprise us with a "just kidding!" bounce.

In the meantime, let's stay calm, drink some chai, and remember... Nifty always has a plan, even if we have no clue what it is! ☕💆‍♂️