NIFTY 50 Crash to Wipe out Gains from 4th June Election Day Low

#NIFTY50 Short Setup🐻🔨🔨
Attached: Daily Chart 17th Jan 2025

CMP= 23,203.2
Stop Loss above 23,500 or use 10 DEMA or 20 DEMA
Downside Targets📉:

T1= 22,620 to 22,420🎯
T2= 22k 🎯 (Highest Probability)
Then Fall can extend all the way down to 4th June Election Day Low so around 21k🎯
Chart PatternsTrend AnalysisWave Analysis

Siddharth Bhansali

✔️Twitter Handle @T_Harth

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