Topic Statement: NIFTY has corrected severely, trading below the 180-day moving average and forming a wedge pattern that signals a potential big move.
Key Points: 1. The price is under the 180-day moving average, making NIFTY oversold. 2. Candles are forming a wedge pattern, indicating a significant move upon breakout. 3. Gaps at the 25000 level suggest the market may eventually rise to fill them.