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duttad
May 19, 2022 12:20 PM

Brace for Impact ! 

Nifty 50 IndexNSE

Description

Nifty 50 crossing 15700 level by end of May, will indicate a possibility of further weakness in market and a possible crash. This will mean breach of 20 month SMA level. Last time it happened was in Feb 2000 just before Covid Lock Down.
Comments
duttad
Note - Apologies for the typo. It should be Feb 2020 and not Feb 2000.
sidhg2008
Very interesting.
aritraghosh09
Nice Analysis!
Nico.Muselle
Greetings, awesome job on publishing your first idea. We hope you found it an easy experience. Thank you for contributing :)
👍 @Nico.Muselle, TradingView Mod Team
duttad
@Nico.Muselle, Thanks. Yes, chart preparation and sharing features in TradingView is quite easy indeed.
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