Levels to watch 8270 and 8240. If these levels hold then Nifty will continue upmove. If 8240 gets broken by force, then nifty can retest March 24 Low
If nifty breaks 8883 with force and sustains, it is going to 10,000.
Nifty crashed in January 2008 made a low 4448.50. But the market didn't bottom out till October 2008, made a low 2252.75. The price was 50% lower than January low. Don't make the mistake of buying this market. There is more pain left. If one wants to buy, Buying should be kept strictly intraday with tight SL. This is a bear market. Look for an opportunity to sell on rise.
Weekly MA 200 which happens to be Monthly MA 50 is a good area to go long for a good pullback. These averages were last visited in 2016
Big Resistance Area.Market finding hard to move up from here.
Nifty in demand zone which coincides with 50% Fib retracement
Indecision candles at market top. Market getting ready for a fall
Sell with Sl 32300 (Future) Tgt 32050 and beyond