Nifty Long-Term Outlook: Should You Pause Your Investments?

The Nifty has clearly closed below its 1-year term trendline, the next support level around 23,100. It's important to note that the Nifty has a significant 4-year long-term trendline, which serves as a final support level. According to the harmonic AB=CD pattern, the price target aligns with both the completion of the AB=CD pattern and the long-term trendline. This confluence leads me to expect a substantial reversal from that point.