Nifty Monthly Analysis:
Nifty was in bear run where it corrected almost 55% from its all time high levels in 2008. Then the range of sideways continued till Mar'2014 before giving the breakout. Since 2014 to September 2022, markets were in bull run where there was the spike of almost 170%. Since October'2022, markets are in the range where it has corrected for almost 13-14% from its all time highs.
Will the markets continue to stay in a range or will there be more downfall?
Will the markets reverse from here to make all time high levels.
Any thoughts?
Nifty was in bear run where it corrected almost 55% from its all time high levels in 2008. Then the range of sideways continued till Mar'2014 before giving the breakout. Since 2014 to September 2022, markets were in bull run where there was the spike of almost 170%. Since October'2022, markets are in the range where it has corrected for almost 13-14% from its all time highs.
Will the markets continue to stay in a range or will there be more downfall?
Will the markets reverse from here to make all time high levels.
Any thoughts?