Possible Scenarios for NIFTY

8 Şub 2022

These might be the following scenarios for NIFTY in the coming days. I am more towards the bullish side but nobody can predict the market wih 100% accuracy. All the best!

8 Şub 2022

Not

Market reacted to the trendline, no breakdown yet.

10 Şub 2022

Not

Price bounced from the trendline

14 Şub 2022

Not

Huge Gapdown today, price is resting on 200ma for now. I think the possible explanation is the fear of war due to conflict between Ukraine and Russia.