Indice Nifty 50
Short

Nifty Might Give around 2 % correction in short Term

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Why are we expecting Short Term Correction near 24200-24300 why?
30 August 2024 volume 638.13 million
25 November 2024 volume 687.13 million
28 May 2025 Volume 684.74 million

No.1 In near term past whenever a red or Doji candle forming on daily chart volume traded above 680 million, we had seen around 2 -3 % fall.

No.2 strong 50 EMA support

No.3 Nifty want to fill gap

No.4 Double Top Near 25000 level

This analysis is based on daily Chart, it's just assumption pls trade on your own Risk


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