The crash in Nifty can now take it towards 7000-6100
註釋
Sorry for the typo. Its 6300 and NOT 6100註釋
Entire countries are shutting down en masse, and people are hesitant to call it a “recession?”The only possible explanation is that it is the most violent recession we’ve ever seen, and people are too stunned to realize it.
- twitter.com/Wealth_Theory
註釋
This monthly chart anlsysis is in congruence with my weekly chart analysis with a parallel channel. 
註釋
The pirchfork shared in the above analysis is a "modified Schiff" pitchfork. Hence the angle of median is slightly more bullish.Here is another possibility with "Schiff" pitchfork which shows a bigger downside in the range of 4000-4600
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