Nifty50 Bearish Market Strategy:

12 Mar 2024

In a bearish market scenario, with a potential gap up opening, there's a likelihood of reaching 22,600 before experiencing a downturn. Conversely, in the event of a gap down opening, the index may test support levels at 22,200, and if breached, further decline towards 21,800 and 21,600. Strategically, considering these potential scenarios, investors can explore short-term positions with cautious entry and exit points aligned with these anticipated levels of market movement.