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
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
Trade fermée: cible de profit atteinte
On 24th Jan market touch our Support level 21137 and then took reversal.Now we can expect a bullish direction
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.