Nifty 50 has corrected almost 10% from its peak. Sentiment across the world is bearish. However, it may likely to hold 23000 levels. Incase it broke 23000, then you may witness blood bath. Moreover, above 24550 Nifty trend may reverse its current trend. It has multiple resistance based on fibo levels, price action resistance. Its first hurdle is 23870-23900
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.