Chart is only for illustration purpose
My time study shows that if market conditions do not improve then Nifty can fall near its 5 year moving average which is near 13000 levels and for that Nifty will first have to travel the levels mentioned on the chart.
If the market reverses from any of the levels then a new rally is not expected at least till Sep 2022 crosses.
A major shift in the market will happen after 31 Mar 2025 and the is expected to have a huge rally.
My time study shows that if market conditions do not improve then Nifty can fall near its 5 year moving average which is near 13000 levels and for that Nifty will first have to travel the levels mentioned on the chart.
If the market reverses from any of the levels then a new rally is not expected at least till Sep 2022 crosses.
A major shift in the market will happen after 31 Mar 2025 and the is expected to have a huge rally.