How much will nifty fall?

30 พ.ย. 2021

Going with a view of more 3-5% fall in nifty. Reasons for my view:

1. Support at 16K level on weekly time-frame.
2. 200 days SMA support also at that position.
3. Trendline support is also present over the area.

Note: This is only for education purposes, please don't take any position on behalf of this.