No Support for Nifty50
Nifty50 is falling sharply after making life high. Global scenario and other factors like war between nations and us election are the causes however looking at the Chart There is no strong support zone visible.
Nearest support zone is near 200MA on weekly chart which is 23200. If Nifty does not take support here then words cannot denied that 20k mark is possible due to panic sell off.
Disclaimer:
Note: I am creating this article for learning purpose and make a data for myself. Any entry based on this will not create any liability on me and anyone/anything in concern with me.