📉 Market Update: Nifty Correction & Key Levels Ahead 📉 Nifty CMP 22,130 has corrected 4,165+ points (-15.86%) from its all-time high of 26,277, marking a 5-month consecutive decline. While this is a decent correction, the prolonged duration has made it feel more intense. 🔻 Midcap 50 Index is down -21% from highs. 🔻 Smallcap Index is down -25.81% from highs. 📌 Key Levels to Watch: ✅ Support Zones: 🔹 21,700–21,600 ➝ 61% retracement of the previous rally, aligning with election day lows. 🔹 21,800–21,300 ➝ Likely bottoming-out zone with consolidation. 🔹 Max Downside: 20,800 ➝ Final strong support in case of extended selling. ✅ Resistance Levels: 🔸 22,800–22,700 ➝ Likely to face selling pressure. 🔸 Above 22,800 ➝ Some positivity can emerge. 🔸 Major Resistance: 23,500 ➝ Key hurdle for any upside move. 📌 Investor Strategy: ✔ Long-term investors should remain invested despite the correction. ✔ Start accumulating quality stocks in small tranches rather than panic selling. ✔ Market has corrected 4,100+ points over 5 months after an 11-month rally from 18,973 to 26,200+. ✔ Bottoming-out likely in 1-3 months around 21,300–21,600 zones before a potential recovery. ⚠️ This correction was overdue & is part of a healthy market cycle. Stay patient, focus on opportunities, and use dips wisely!