It is so funny, the more you watch the more pattern you see in NIFTY 50. Reminds me of our childhood where we used to see different shapes and forms up in the clouds.
Nifty is trading on a trendline from Jun 2022. So far it has been respecting that trendline. 23300 range could act as a good support if Nifty reach that level. Let us watch if Nifty is reversing from 23700-900 rang. Let us wait till the trendline is broken down before assuming Nifty will fall till 21K 20K 18K 15K.
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