The point to which the current market can collapse is expected to be about 14000.
It is calculated using the long-term pre-covid trend and the current short-term trend.
The future of NIFTY50 is uncertain, but the disruption of the longer trend then the bullrun and then the bearish view is all visible on the graph. However, the question here is which trend will NIFTY50 keep it's momentum with the long trend or the short or somewhere in between.
The future of NIFTY50 is uncertain, but the disruption of the longer trend then the bullrun and then the bearish view is all visible on the graph. However, the question here is which trend will NIFTY50 keep it's momentum with the long trend or the short or somewhere in between.
The Nifty 50's normal trend was disrupted by the COVID and then a bull run, but if we consider that both of these things were not present and consider where our market would be if it continued on its normal trend, then this is the answer.
The fact remains that we are not as uncertain as we were during the first and second waves of COVID19. Thus, it is to be...
