Krish1776

NIFTY 50 | Downfall

Short
NSE:NIFTY   Nifty 50 Index
As the anticipated 'fall' of stock markets comes, we all should be ready with hedges to almost every investment.
Nifty has shown double top pattern, maybe even triple top in coming times. In a long term view, the longest bull run of stock markets has to stop someday. New and new investors joining, and artifically raising stock prices due to some twitter user who tell them to do so. General issues aside, FII's are pulling their money for the markets which is main reason for the fall currently. And the sudden upside since 2020's crash has given nifty a new support, if this is broken nifty could go back to it's old support. Finally, this all means nifty back to old support in somewhere between 1~3 years (-42% ~ -33%).

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