Nifty Price Prediction for 14 Oct 2024

Over the last four trading days, the Nifty 50 has persisted in the corrective period that we projected. The Nifty chart may soon show a bullish movement if the wave count is correct. Around 25,100 would be the initial upward resistance level, with 25,200 serving as a secondary barrier. Be on watch for indications of rising momentum at these levels.

NIFTY 50 / 5 MIN


The opposite is true if market sentiment goes negative; an extended decline in price is possible. Price action might become negative if it breaks below the chart's important lower levels.


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Disclaimer

This post is just for informative purposes and does not constitute financial advice. Trading and investing involve risk, and past performance does not guarantee future results. Before making an investing or trading choice, readers should undertake their own research and evaluate their own circumstances. The author and platform accept no responsibility for any financial losses or damages stemming from the use of this material. Receive personalized advice from a qualified financial advisor.

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