@manojkumargoud399, It all depends on how the market reacts to the on going Covid issue. If there is a sharp fall in NIFTY in last few trading sessions then there is a possibility to fall as per your expectation.
For me , the market is still volatile and nothing can be speculated with a sure shot target.
toolexindia
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YOUR PREDICT WAS RIGHT WHAT NEXT MOVE ON IT ?
Ratna_Prakash
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@toolexindia, This was not supposed to be the actual breakout. It would happen with huge volume involved. If NIFTY falls then we can expect the fall to continue !
PankajMehta
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Can you suggest what exactly going to happen
Ratna_Prakash
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@PankajMehta, I predict that the lower trendline will be broken and the price will fall
mistcurtain
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@Ratna_Prakash will it form a new low..? What will it reach by coming days..??
Ratna_Prakash
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@mistcurtain, My speculation is that it will fall further probably like a second down wave. It may reach 330 or can make even low