Nifty 50 Index
Long
Updated

Short Term trend on Nifty turns Bearish - 20800 Possibility.

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.
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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.

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