Nifty 50:

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Nifty 50:

As mentioned in our earlier posts Nifty 50 index has come down from 23875 to 23165 in the last 3 days.

The immediate resistance lies @23600-23700, while the support @ 22300.

What's possible next?
Nifty 50 has to come down over the next few days to 200-300 points to continue its possible upward trajectory.

Buy on dip market is on hold until 22300.

Cheers.

Note: As always look for potential value buys.

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