Interim budge and fed rate cut time is over now market to behave its neutral way of walk. Recently market went up abruptly due to budget and other news and also due to results of companies.
Now it time to behave neutral.
As we know market has already stretched so much without any healthy retrenchment now I am expecting a big fall in days to come and Nifty may struggle at 22000.
This is morning chart of 2nd Feb 2024 and it is clearly visible that market is halting and created a hammer type of candle. I am expecting to fall it to fill up at least gap and if panic that may go below and then so much below.
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