Below is the technical chart of Nifty, with ichimoku indicator.
As expected, Nifty has started correction. It’s first support will be at kumo viz. @ 5061 and then at 4967. However, if kijun-sen line remains flat, it will surely drag Nifty to the levels of 4901 in coming trading sessions.
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Nifty did not correct as per yr chart predictions.
Instead of 4961, Nifty is at 5500-5600 levels.
Yr comments?