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.
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.