Nifty remains in a Long Term Down trend. Good for traders but not attractive for investors.
In next week Nifty has challenge to sustain above 8000.
My Targets for Nifty’s downtrend are first 7950 , which is already hit. Second Target 7400.
Nifty’s relation with ITC is indicating target of 6300. Lets see.
Nifty is still in a high volatility phase. Wild moves are possible even in the next week.
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