Nifty50 Analysis For Next 2-3 Days- Market Is Still Bullish

📊 Nifty50

✅ After double Top formation couldn't hit upper Trend channel and fell badly from ATH

✅ Currently trading near lower trend channel, if nifty touches lower trend and reverse from there that will be the best scenario but it can also break the trend & when it happens many retailers will exit their portfolio and that will be the best time to make fresh position because whenever money is taken away from weak hands market rallies very fast

✅If trend breaks it is going to take support in lower green zone (major support zone) there's also Fibonacci level of 0.236 from where last time nifty reversal started

✅ Market should follow given analysis from here onwards, my next Target for nifty50 is 23050

✅If breaks trendline and comes to green zone then Rsi will also come to lower trend & that will be the best scenario and best time to make fresh entry in midcap stocks