NIFTY Where are we Headed

#NIFTY breached 2017 lows and support at 7900 areas, until we get above that we are looking to test 6400 areas and below that the next major support is at 4500.
the 2008 Nifty PE low was about 11.5, that 5000 spot equivalent in current valuations (just studies and LT Reference)
NIFTYnifty50nseTrend Analysis

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