
STOCKWISE INFINITY
February 28, 2025 at 04:15 AM
📉 Nifty’s Critical Monthly Close Today!
Today’s monthly closing is extremely crucial as Nifty’s 20 EMA stands at 22,391. If Nifty closes below this level, it will be the first time since the COVID crash that it has closed below the monthly 20 EMA.
🔍 Historical Perspective:
The last time Nifty closed below this level was February 2020, right before the major market crash. Historically, whenever Nifty has closed below the monthly 20 EMA, it has led to a minimum correction of 6-8%.
⚠️ Will history repeat itself, or will the bulls defend this crucial level? Let’s see how the market closes today!
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