Bearish view in nifty
As the selling pressure is high in nifty the view is bearish
The technical chart indicates a bearish trend for nifty
If the nifty breaks are important support level that is 22515 it may touch the 21900 level
After a sharp downtrend, nifty started forming sideways but it was unable to break the resistance level of 22660 and also the 20 exponential moving average on the day chart
conclusion if nifty breaks the level of support which is 22515 it may touch level 21900
The global market also seems weak
MARKET VIEW
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