It is almost at all time low can hit again to its resistance , but within 2 years it will touch the levels of 100++, and in 4-5 months time frame it will hit to 60+
I know its a messy one, I'm still learning views comments are welcome... So, I tried to draw a range of NIFTY in coming week i.e. till expiry Black lines denote monthly S/R, Green and red lines denote Weekly S/R and Yellow line denotes strong S/R on 15min time frame Other color lines denote temporary 15min S/R... How's it !!
as it is hitting the resistance levels, it might bounce back from 3or 2 or 1 and might take a new high within 3-4 months time frame