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Niftysnalysis

IS CRASH COMING IN NIFTY? | AGAIN FALL IN JAN - MAR'24We 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 Jan'20 top to Mar'20 bottom. If this pattern repeats in '24 and looking at a insane bull run, we can't negate the possibility of a healthy correction. Nifty may form a high till Jan 2nd week around 22000 - 22222 and we can see a fall from the high towards 20950 - 19580. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
8
Morning Mantra, 7th September 2022Just as we have been stating these days, similarly Nifty is consistently trading in an indecisive mode. Rather we can observe how the index is struggling to cross over the big candle that was made on 30th of August 2022. However, we are still with our words, that with the support of 17300 on closing basis, a cross over of above 17800 will bring a substantial rise in the levels of Nifty. Until then continue following the Cherry Picking Strategy. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17655.60 (-10.20) Regards, Alok Daiya
NSE:NIFTY
by alokdaiya