Market Correction or Market Crash? What you expect but soon

NaveenTTR Updated   
NSE:NIFTY   Nifty 50 Index
Hello Everyone,

I've conducted another analysis, indicating that we might experience a good correction, likely in the 2nd or 3rd week of January 2024. But the question is how far this correction will go?

Projected Support Levels:
1st Support: 21,100
2nd Support: 20,250
3rd Support: 19,950

I'm optimistic that the correction will be limited to 21,100, after which we anticipate breaking the Nifty50's lifetime high of 21,834 and progressing towards 23,000.

I wish you successful investing and trading.
Best regards,
Trade closed: target reached:
On 24th Jan market touch our Support level 21137 and then took reversal.
Now we can expect a bullish direction


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.