IS CRASH COMING IN NIFTY? | AGAIN FALL IN JAN - MAR'24
מעודכן
We have observed an interesting pattern in Nifty, from Jan 1st week top Nifty gave a fall of 1500+ points in '23 and 2200+ points in 2022. However, 2021 was an exception where we saw a minor fall for approx. 700 points but it went up after forming the bottom.
In 2020 we all are aware what happened, we saw the Covid Crash in Nifty for approx. 5000 points from Jan'20 top to Mar'20 bottom.
If this pattern repeats in '24 and looking at a insane bull run, we can't negate the possibility of a healthy correction. Nifty may form a high till Jan 2nd week around 22000 - 22222 and we can see a fall from the high towards 20950 - 19580.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
In 2020 we all are aware what happened, we saw the Covid Crash in Nifty for approx. 5000 points from Jan'20 top to Mar'20 bottom.
If this pattern repeats in '24 and looking at a insane bull run, we can't negate the possibility of a healthy correction. Nifty may form a high till Jan 2nd week around 22000 - 22222 and we can see a fall from the high towards 20950 - 19580.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
הערה
Nifty made a high at 22124 against our projected top around 22200 and we saw good correction from higher levels in two days.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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