Nifty 50指數
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NIFTY Breaking 2020 Trendline with Monthly Big Bear Candle

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Nifty Breakdown 2020 Trendline on Monthly Chart with Big Bear Candle - (Currently Now its show almost Full Bear power Candle near at 10:30am)

If You See the Monthly RSI Is also going to break almost Five years Low 53.30

3rd thing if you comapre RSI low 2016-2020 breakdown its Go more 39% Down in just 2 months.

Chart & Indicator both Saw Very bad Sentiments & Pattern on chart.

my prediction as below as per fibo chart shown in chart

Target as per Fibolevel

T1- 21848.50 (23.8%)
T2- 19108.65 (38.3%)
T3- 16894.25 (50%)
T4- 14679.80(61.8%)

Target as per Chart (Zones)

T1 Zone- 22081- 21588
T2 Zone- 18912-18515.50
T3 Zone- 15645-15177

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