We have observed an interesting pattern in Nifty, from Jan 1st week top Nifty gave a fall of 1500+ points in '23 and 2200+ points in 2022. However, 2021 was an exception where we saw a minor fall for approx. 700 points but it went up after forming the bottom.
In 2020 we all are aware what happened, we saw the Covid Crash in Nifty for approx. 5000 points from...
Nifty is forming bearish pattern and expecting more downside towards 19780 and below levels during intraday. Buyers need to be cautious.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty spot broke the important level of 19200 and we re looking big targets in downside as marked on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
