Nifty50-Viewpoint- Part 3

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On monthly chart, Nifty has closed below its opening levels for 5 consecutive months.
(Octber24-Feburaru,25). This also suggest that nifty might close above March opening. That means the bottom for March might be in place.

Based on these points I feel nifty might be headed towards 23500-23700 levels in March, 25 or early April,25.

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