On monthly chart, Nifty has closed below its opening levels for 5 consecutive months.
(Octber24-Feburaru,25). This also suggest that nifty might close above March opening. That means the bottom for March might be in place.
Based on these points I feel nifty might be headed towards 23500-23700 levels in March, 25.
(Octber24-Feburaru,25). This also suggest that nifty might close above March opening. That means the bottom for March might be in place.
Based on these points I feel nifty might be headed towards 23500-23700 levels in March, 25.
Trade active
This worked and Nifty reached the forecasted levels.
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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.