NK Stocktalk
February 3, 2025 at 04:32 PM
Historical data of Nifty, when Nifty falls 4 or more continuous months back to back. This data analysis is made by seeing current market conditions. *But surprisingly this did not happen in the 2008 fall, 2020 COVID fall and Ukraine war fall.* Currently falling from October 2024 First resist at Upper Bollinger Band and still around 850 points away from 20 SMA. Historical Data *4 Month Continuous Fall* September to December 2016 Resist from Pivot Support taken at 20 SMA *4 Month Continuous Fall* November 2015 to February 2016 Fallen from 20 SMA Support taken 50 SMA *4 Month Continuous Fall* June to September 2001 Resist and fallen from 50 SMA Taken Support at Lower Bollinger Band. *4 Month Continuous Fall* May to August 1998 First resist at Upper Bollinger Band, then Fallen from 9SMA High Taken Support at Lower Bollinger Band. *5 Month Continuous Fall* July to November 1996 First resist at Upper Bollinger Band, then Fallen from Pivot Taken Support at Lower Bollinger Band. *8 Month Continuous Fall* September 1994 to April 1995 Resist and Fallen from Pivot Taken Support at Pivot & 50 SMA . *4 Month Continuous Fall* October 1990 to January 1991 *Source Zerodha Monthly Chart* Prepared by Raghvendra Ashok Deshpande 23/D38
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