Possible Scenarios for NIFTY

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These might be the following scenarios for NIFTY in the coming days. I am more towards the bullish side but nobody can predict the market wih 100% accuracy. All the best!

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ملاحظة

Market reacted to the trendline, no breakdown yet.

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ملاحظة

Price bounced from the trendline

١٤ فبراير ٢٠٢٢

ملاحظة

Huge Gapdown today, price is resting on 200ma for now. I think the possible explanation is the fear of war due to conflict between Ukraine and Russia.