Индекс Nifty 50
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Market Correction or Market Crash? What you expect but soon

Hello Everyone,

I've conducted another analysis, indicating that we might experience a good correction, likely in the 2nd or 3rd week of January 2024. But the question is how far this correction will go?

Projected Support Levels:
1st Support: 21,100
2nd Support: 20,250
3rd Support: 19,950

I'm optimistic that the correction will be limited to 21,100, after which we anticipate breaking the Nifty50's lifetime high of 21,834 and progressing towards 23,000.

I wish you successful investing and trading.
Best regards,
Naveen
Сделка закрыта: достигнута тейк-профит цена
On 24th Jan market touch our Support level 21137 and then took reversal.
Now we can expect a bullish direction

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