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NIFTY Medium Term Outlook

Long
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Candlestick Analysis NIFTY nifty50 niftyanalysis niftyindia niftyoutlook niftymediumtermoutlook
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trendanalysis supportandresistance candlestick nifty nifty50 niftyanalysis niftyindia niftyoutlook niftymediumtermoutlook
Nifty is in the process of forming bottom if it is successful then we can see a relief rally for here in case we are not able of make a bottom we may see further slide. Long term projection up to April 2023 shows the following levels:

Resistance Level: 17335, 17799, 18076, 18369 and finally 18600. Best case scenario 20,000+.

Support Level: 16883, 16114, 15175 and finally 14217. Worst case scenario is around 14000.

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