Will we see a 1000-point fall in #Nifty?

Updated
🎯 Nifty at a crucial Support!
🎯 We will say it again, The FIBO levels are very conveniently placed.
🎯 18900 - 38.2% FIBO level, Previous resistance may turn support and 200 DEMA.
🎯 18520 is one strong value zone. Previous resistance may turn support, trendline support, 50% FIBO Level, 50 WEMA.

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⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
Note
Reached this level:
🎯 18900 - 38.2% FIBO level, Previous resistance may turn support and 200 DEMA.
Note
#Nifty: 18,830 will fill its Final Gap on the daily chart in the near term. The next unfilled Gap stands at 17200.
Note
And we saw a beautiful rebound from the first marked support zone. The gap stayed unfilled by just 8 points, so we will consider it as done and dusted.

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