Nifty is formed a double top chart pattern and presently it is at a very crucial level of 16800. Due to outbreak of war in Ukraine and NATO involvement in it on the behest of US and likelihood of LIC IPO getting delayed, there will be a negative sentiment in the market and If it breaks the crucial level of 16500(Plan to sell below it , no buying today) there could be a downfall till 16200 and further to 16000 levels initially. Later within 7 to 10 days it may then touch 15500 levels too as I had said in my last idea, please check that out too. Thanks for your time :)
