LTP 21921
Will history repeat? Is the move resembles Oct 2021-Jun 2022?
As long as 23934 resists, we can see more down towards 21150 before big reversal (steady and long term trend towards 30K-34K).
As of now, my view Nifty can recover towards 22500-23K and fall again towards 21200 as a final move.
As per my view, Nifty is moving in X-Y-Z correction.
From 21200-20900 levels, we can expect big trend reversal.
Let us wait and watch.
https://in.tradingview.com/chart/NIFTY/cvc6xaJf-NIFTY-Analaysis-07-APR-2025-Is-History-repeating/
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