so nifty currently in consolidation phase may correct to mid of the channel and may continue rally later,, next big event is in feb -budget and quaterly results , disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
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according to this chart resistance at 23000-23500
i think nifty will move above 23000
still many people are bearish , market corrects when people expect the least so for now i think there is no need to be bearish