When Nifty can fall 2200 points in one month, I won't be surprised if it rises by 2500 points in the next month.
Nifty is almost at the end of the downside correction, with wave 5 ending around 23800 - 24100 levels. I'm expecting a rapid recovery in Nifty, taking it beyond all-time high levels very soon.
Even if Nifty falls below 23800 sometime next week, I'm expecting a weekly close above 24000, which would suggest a good recovery in the coming days.
Trade with appropriate stoploss, as the market is always RIGHT!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.