#NIFTY Daily Technical Analysis 📊
Price Action Breakdown + Moving Average 51/200 (Death Crossover) 📉
The current market movement indicates a potential dead cat bounce or pullback preceding a further decline. 🐻
Bearish territory is expected below 24,800. ⚠️
A panic sell-off may occur below 21,800. 📉
By the end of July to mid-August, levels of 19,000 to 20,000 are projected. 🗓
Price Action Breakdown + Moving Average 51/200 (Death Crossover) 📉
The current market movement indicates a potential dead cat bounce or pullback preceding a further decline. 🐻
Bearish territory is expected below 24,800. ⚠️
A panic sell-off may occur below 21,800. 📉
By the end of July to mid-August, levels of 19,000 to 20,000 are projected. 🗓
Gold, Silver, Dow, and BTC are all opportunities to sell on the rise. 📉 Oil should be bought low. ⛽️ Over the next 3-6 months, bears won't let up. 🐻
#BEARPUTSPREAD #APR-Exp
📍BUY CHOLAFIN 1560PE AT 60
📍SELL CHOLAFIN 1460E AT 21
LOT RATIO 1:1 | FUND REQ 65k
MAX PROFIT 38k | MAX LOS 24k
📍BUY CHOLAFIN 1560PE AT 60
📍SELL CHOLAFIN 1460E AT 21
LOT RATIO 1:1 | FUND REQ 65k
MAX PROFIT 38k | MAX LOS 24k
⚕️ Details & Conditions ⚕️
✉️ @GNFX_Team
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