#Reasons
1) Nifty trend still bearish as per dow theory.
2) Fibo magic no. 61.8% (17424.3) Facing strong resistance.
3) Facing Resistance trend line
4) RSI making lower high
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
The world is falling apart and INDIA is not untouched with global economies linked tightly as ever it is now
the CONFLICT of Russia Ukraine will drag all the economies directly or indirectly in the crisis situation
we are comparatively resilient economy from demand side but our concerns with OIL Import bill will grow as the crisis deepens
for NIFTY it breached the...
