Nifty Larger Picture is still positive. A Good Rally is Expected
📉 Last 84 Days, 8% Down From Top
🚏 Short Term Trend Negative to Sideways
📌 Larger Picture is still positive as this phase is still considered as retracement to the last 24% Rally in 167 days
⚡️High Probability of a good rally in upcoming weeks
⬆️A good rally is expected once prices start sustaining above 18000-18100 zone
⬇️If prices fail to survive above 17200 then only we can have aggressive sell-off
🚏 Short Term Trend Negative to Sideways
📌 Larger Picture is still positive as this phase is still considered as retracement to the last 24% Rally in 167 days
⚡️High Probability of a good rally in upcoming weeks
⬆️A good rally is expected once prices start sustaining above 18000-18100 zone
⬇️If prices fail to survive above 17200 then only we can have aggressive sell-off