Gear up for a lot more downside; minimum a Nifty move below 15,183: Jai Bala
Jai Bala says the markets are in a bear grip and there is a lot of downside to work with. The next significant support for the Nifty is about 16,750, but that is going to give way. From a medium-term picture, the market needs to go below the June 2022 low of 15,183 that will make the market complete its structure.
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