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Nifty In Technical Charts: Looking Ahead To 2023
The slide since the Nifty high of Dec. 1 should continue till around March or extend to even the first week of April 2023.
31 Dec 2022, 06:12 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>(Photo: Dylan Calluy on Unsplash)</p><p></p></div>](https://media.assettype.com/bloombergquint%2F2022-12%2F992fabeb-39d1-4ee4-b525-d45b46ea652a%2Fdylan_calluy_JpflvzEl5cg_unsplash__2_.jpg?auto=format%2Ccompress&w=200)
(Photo: Dylan Calluy on Unsplash)
So, we rang the curtain down on the trading for the year 2022 on Friday. For the record we had a gain of about 5% for the Nifty, which seems rather paltry, considering that for the past three years we have seen returns of 12%, 14.9% and 24.1%. Our most recent memories are the freshest in our minds and hence, by comparison, we will think 2022 to be a poor year. But if one looks at the trough to peak move in 2022, one would find that i...
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