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!
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Market reacted to the trendline, no breakdown yet.
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Price bounced from the trendline
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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.