NIFTY - Bottom is not done yet
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NIFTY CMP: 23720
Internal counts are attached. Final 5th on the downside is not done yet and we could go down once again below 23300 (possibly 22800-23000)
The upmove has halted below 23800, previous support zone turns resistance.. and between 0.38 and 0.5 retracement of the fall from 24337 to 23350.
Long view only if it breaks 23900-24K
Internal counts are attached. Final 5th on the downside is not done yet and we could go down once again below 23300 (possibly 22800-23000)
The upmove has halted below 23800, previous support zone turns resistance.. and between 0.38 and 0.5 retracement of the fall from 24337 to 23350.
Long view only if it breaks 23900-24K
Dagangan aktif
Today's low is 23263 and closed below 23350
Expiry was well managed.
downside targets should be achieved in the coming sessions.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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