Nifty Exclusive Fully Market analysis what will next move. ?
#Nifty 50 Technical Analysis:-
₹Nifty50 currently trading around ₹16658
I am expecting this to be the Correction phase.
So don’t panic and wait for a Perfect entry.
I am expecting ₹14400 level.
Every time ₹Nifty always big corrections after the breakout.
2004 = -35% Correction after Breakout
2015 = -25% Correction after Breakout
2021 = Expecting -25% Correction
After breakout
Note :- Correction always takes 6-12 months time as per Previous data.
Support:- ₹14400 / ₹12400
Resistance:- ₹18000
₹Nifty50 currently trading around ₹16658
I am expecting this to be the Correction phase.
So don’t panic and wait for a Perfect entry.
I am expecting ₹14400 level.
Every time ₹Nifty always big corrections after the breakout.
2004 = -35% Correction after Breakout
2015 = -25% Correction after Breakout
2021 = Expecting -25% Correction
After breakout
Note :- Correction always takes 6-12 months time as per Previous data.
Support:- ₹14400 / ₹12400
Resistance:- ₹18000
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