ilmscore | Prediction Details
"Now only this big candle where the market went down by 6.2% now this is one big resistance. I mean this is one big pain point that we have to take out."
By CA Rachana Phadke Ranade | May 1, 2025 | Pending
From video
Where are FIIs Investing? | Nifty Levels | CA Rachana Ranade 00:21:18 - 00:21:28
Interpreted Prediction
A significant previous candle where the market dropped by 6.2% represents a major resistance level for Nifty that needs to be overcome.
AI Evaluation Notes
To evaluate the prediction, I need to determine if the Nifty faced significant resistance at the level indicated by the large drop on 2025-05-01 and whether that resistance was overcome. I will search for Nifty charts and analysis for the period after 2025-05-01 to determine if the 6.2% drop acted as a resistance and if it was taken out.

Prediction Details

Topic
Nifty Resistance Level

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