Nifty breaks a six day streek ; will nifty hold 22,000 or more downside expected see GIFT..

Nifty breaks a six day streek ; will nifty hold 22,000 or more downside expected see GIFT..Fill in some text

Market sentiment: Yesterday's correction indicates some profit booking and potential caution among investors. However, the GIFT Nifty is currently trading slightly higher, suggesting a possible positive opening today

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Technical analysis: Some analysts see a bearish pattern forming, pointing towards a possible pause in the rally. Others believe the support at 22,000 should hold.

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Global cues: Crude oil prices remain volatile, and FII activity needs monitoring.

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Holding 22,000: Several analysts believe the Nifty has strong support at 22,000 and could consolidate around this level.

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Downside: If the index breaks below 22,000, further correction towards 21,700 or even 21,800 might occur.

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Upside: A decisive break above 22,160 could push the Nifty towards 22,300.

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FII activity: Foreign Institutional Investor (FII) flows can significantly impact the market.

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Global cues: International events and economic data can influence investor sentiment.

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Earnings season: Upcoming company earnings reports can affect individual stocks and the overall market direction.

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Why did stock market crash today? Sensex falls 1000 points in 2 days

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