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Nifty Drops for the 4th Straight Session – What’s Next?
Nifty started the week on a weak note, dropping for the fourth consecutive session. The index formed a **bearish candle** on the daily chart but with a **long lower wick**, signaling some buying interest at lower levels. What’s happening? 🔹 Nifty has been making lower highs and lower lows for three sessions now 🔹 It slipped below the 21-day EMA, which could mean sentiment is weakening 🔹 Some buying was seen at the dip, but is it enough for a bounce? Are we in for a deeper correction, or is this just a temporary pullback?2
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