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
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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