DOWNSIDE Target for this move: 12589(low 12591).
Further downside can be: 12455, 12295, 11589.
Other targets: 12589, 12455, 12391, 12295, 12070, 11955, 11750, 11589.
Reversal from any of these levels, we can see 13710 first.
Upside targets:
13710-13960
14300
14600-14710-15400
17700-18700
Minimum target for this down move 24047 (low made 24073).
Further downside targets if break 24073, we can see 23960, 23821, 23655, 23255.
BASE SUPPORTs: 18887/16828.
Bottom is in or more to go?
Reversal from the above levels, 1st target 25450-26277.
27000-27834
28921-31234-33121-34150
35600-38000
44300-45700-50500
https://in.tradingview.com/chart/NIFTY/AFGl5FUP-NIFT-24180-BIGGER-PICTURE-for-NEXT-10-20-YEARS/
Minimum target for this down move 79160 (Low 79137).
If moves down below 79137, we can see 77664, 77055, 75810
BASE SUPPORT 63555/57055.
BOTTOM is in or more to go?
Reversal from any of these levels, we can see
81500 first and further 86500.
86500-94700
1,06,100
1,16,000-1,21,000-1,29,100
1,50,000-1,55,000-1,71,900
https://in.tradingview.com/chart/SENSEX/31ObmgOJ-SENSEX-79402-BIGGER-PICTURE-for-NEXT-10-20-YEARS/
BULLISH SCENARIO:
LTP: 22604
SUP: 22389/22300/21777; RES: 22789
As long as the above supports hold, we can see 23500 first. further 2400/24350/24777 in the long run.
BULLISH FOR 22820/23350/24200/25420
https://ewavesjournal.blogspot.com/2024/04/nifty-monthly-analysis-april-2024.html
RESISTANCES: 22181/22528; SUPPORTS: 21941/21708
ABOVE 22181, we can see 22245, 22425, Further above 22528, we can see 22542, (22634-22677)
BELOW 22941, we can see 21868, 21800, Further below 22708, we can see 21603, 2460, (21364-21172).
MARCH 2024
AS long as 21150/19121/15180 holds support, I expect to see 22820-23350-24200, 25420, 26520-27040-27930+
FEBRUARY 2024
01-FEB-2024: BIGGER PICTURE:
JANUARY 2024
NIFTY BIGGER PICTURE 01-JAN-2024
