Nifty - 8800/8600 target Short

Nifty 50 IndexNSE

Description

⋅ Oct 25, 2018 9:51 AM

Another 12% downside over the next few months is possible. The valuations of the Nifty index are still expensive and the downside is open after the medium term trendline broke recently. Expecting the Nifty to touch 8800-8600.

Trend Analysis