Is there a chance of the Nifty getting lower than 4250 in future?

Question

The fact is that I have sold some important stocks around this level for intraday and couldn't get them back!

Answer 1

ya 100%

Answer 2

It can go down because no triggers,taking the stock market up,

exist right now.Political,law & order position all are not that good,

Moreover With rising inflation,industrial units will also earn less.

So in all,chances of going down are more than going up.

Answer 3

hi

yes as per the technical analysis surely nifty will be going to cross this level and can go upto 3500 levels in september.

thanks