Nifty 50 IndexShort
NIFTY has a downside target of 22k
i see nifty heading down to the yellow circle (22048 approx)
which is the meeting point of
1. support trend line
2. 200 DMA
3.78.6% fib.level
it will not be a one way down move...you will get many pull backs in between
which is the meeting point of
1. support trend line
2. 200 DMA
3.78.6% fib.level
it will not be a one way down move...you will get many pull backs in between
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.