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Short Term trend on Nifty turns Bearish - 20800 Possibility.
Nifty 50 Index
Long
Short Term trend on Nifty turns Bearish - 20800 Possibility.
By JITU_210
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Updated
Jan 24
4
Jan 23
Short Term trend on Nifty turns Bearish - 20800 Possibility.
With Nifty breaking last lows of 21500 ... it open possibility of Nifty going down till 20800.
Short term trend remains bearish but Long term Targets of 28000 by Dec 2024 still remain valid.'
Avoid new investments till the bottom is formed in 1-2 weeks time.
Happy Investing.
Jan 24
Trade active
If Nifty breaks above 21850 then the short term Bearish trend will vanish & we will see the Budget Rally of 1000-1200 Points.
Trade with Caution.
Chart Patterns
Trend Analysis
JITU_210
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