I think that we will see here a false breakdown, therefore be careful about long side till.
You need patience for the downfall.
This the close updated NIFTY:
Below link has complete story of NIFTY from 2000 to 2020 in divided in 4 charts.
THIS MESSAGE AND DATA was still valid: Feb 6, 2020
More than 25,000 people have been infected across the world because of this coronavirus. More than 50 million people are quarantined in China and Australia and Singapore have banned Chinese travelers. Just how serious and dangerous is this new strain of coronavirus? Especially the 2019-nCoV strain. The mortality rate is approximately 2% and the incubation period of the coronavirus is between 2 to 11 days. (length of time before symptoms appear and the time of infection). I explain the relationship between mortality and contagiousness -ness in.
Compare to past all other viruses, this is not a much dangerous virus.
You might be right about this virus because investors sentiment can effect it.