Another 10% Fall Expected? | NIFTY | CA Rachana Ranade

"if 23,800 is broken then 23,300 is the next support. ... the second one that I discussed was about 23,300. ... if this is broken let us see at around this level ... 22,800 three levels 23 800 already done and dusted next important 23300 and the next one is 23,000 sorry 22,800."

"when Nifty has breached this 20 this 40 days exponential moving average and when it has how much has it fallen down... from the closing Point Let's see till the lowest point how low has it gone it has gone down by almost 3 and a half%. recovered in barely one and a half month."

"from here to the lowest possible point is almost 6% ... from here to the lowest possible point is almost 6% ... 6 7% okay but overall from the 200 days to the lowest point this will now come to around 99 and a half if I were to round off 10%"

"15% correction in 2015... it had corrected 10% where it breached the 200 Dema line or the 40 weeks exponential moving average line... from here from the breach Point till the low points ... almost 15% correction"

"worst case scenario we're talking about if post breaking 40 weeks exponential moving average if markets were to Fall by 10% then what then what ... 21,000 what was it ... 21,200 something"

"percentage upside from this level if I were to calculate way up to alltime High Till here look at the percentage that we are talking about it's 24 25% from the bottommost point till the top"

"it has to touch alltime High okay it has to go beyond alltime High there are no second thoughts on that one year one and a half year whatever is the scenario but it will touch alltime high again"

"add at every 500 points fall in Nifty ... add a chunk ... or start an sip"

"US market are at an alltime high similar to Indian market in the past month if US market starts cracking down there are chances that we can see a further fall"