Nifty 50 is in bearish mode and will continue to be in bearish cycle atleast till Q4 ending i.e. March 2025. It is in continuous downtrend and will make new lower highs and lower lows. According to my analysis, I am expecting it to take a great support near 22000 levels. 21800-22000 is a very crucial long term support for NIFTY 50.
Keep you cash ready. Let's bear the bears till March.
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