NIFTY has a downside target of 22k

i see nifty heading down to the yellow circle (22048 approx)
which is the meeting point of
1. support trend line
2. 200 DMA
3.78.6% fib.level

it will not be a one way down move...you will get many pull backs in between
FibonacciMoving AveragesniftypredictionTrend Lines

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