Last time, Nifty took support around the 200 EMA at 17,600, and from… — Stock Bk — TG.ME

Last time, Nifty took support around the 200 EMA at 17,600, and from there, it surged to a high of 26,000. Now, today, Nifty has closed at the 200 EMA level. The 23,500 level is a strong support at the 200 EMA. If this level is broken, we may enter a correction phase, and the chances of further downside will increase.