#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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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.