Nifty at weekly support region

The nifty is trading at bat 🦇 pattern support region. As of February 28, 2025, the Nifty 50 index closed at 22,124.70, marking a decline of 1.86% from the previous session. This closure represents the fifth consecutive monthly loss for the index, the longest such streak since 1996. The Nifty 50 has fallen approximately 15% from its September peak, erasing nearly ₹85 trillion (approximately $1 trillion) in investor wealth. This is the important support for the reversal. This is for educational purposes only.