Nifty 50: Mission Dive 2… Are We Gearing Up for Another Dive?

Attention, traders! The Nifty 50 Air Force successfully completed its deep dive operation, hitting all marked coordinates—23,056, 22,208, and even making an exact low of 22,004.70, just kissing 22,003 like a pilot executing a perfect touch-and-go landing! 🎯

But before the ground crew could celebrate, Nifty pulled up and is now hovering at 22,121. So, what’s next? Is this a refuelling stop, or are we just gaining altitude for another nosedive? 🛫

The Battle Plan:
Nifty now faces enemy resistance at 22,413-22,455-22,670—a tough air defence zone. If it fails to break through, the flight path might take it towards deep bear territory at 21,287, 20,712, and, if things get really bumpy, 20,415. 🐻💥

🚨 Extreme Crucial Support Alert!
Before hitting full panic mode, one crucial airbase at 21,287 could provide emergency support. If this level holds strong, we might witness a solid counterattack from the bulls, leading to a potential rebound. However, if the support collapses, it’s a freefall toward 20,712 & 20,415—the deep war zones! 🚨📉

Trader’s Mission Briefing:
If Nifty breaches 22,670, it might try to regain lost altitude. 🚀
If it gets shot down at resistance, the descent mission resumes with 21,287 as the first landing strip. 🛬
Below 21,287, expect a sharp descent towards 20,712 and 20,415—time to brace for impact! 💣
Commanders, keep your trading parachutes (stop-losses) secured and eyes on the radar. The bears are still controlling the airspace, but 21,287 could be the last stronghold before bulls take a stand. This mission isn’t over yet! 🎖️

Over and out! 🛫⚡