Nifty 2025 Outlook - Correction & Consolidation
Past patterns on NIFTY's number-of-months of bull runs followed by number-of-months of corrections indicate, we may be in the first leg of a corrective phase thats likely to last for good part of 2025. Monthly momentum indicators and higher (20 to 30) monthly moving average patterns also aligns with this projection.
Nifty probably could churn its way to the confluence of support between 20750 to 22000 and cool off the oversold conditions on higher time frames before continuing the next leg of bull run probably between Sep'25 to Jan'26.
Shared for learning purposes
Nifty probably could churn its way to the confluence of support between 20750 to 22000 and cool off the oversold conditions on higher time frames before continuing the next leg of bull run probably between Sep'25 to Jan'26.
Shared for learning purposes
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