Nifty Analysis of April 26

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Nifty Analysis of April 26Nifty 50 IndexNSE:NIFTYSwingAcademyStructure: 2012-2025 Bull Run: 6x gains from 6,000 lows (cyclical wave complete). 2025 Top: Double top + shooting star rejection → exhaustion. Current: Channel breakdown + lower lows = Stage 4 decline (20-30% correction). Targets: Short-term: 22,000 (61.8% Fib retrace). Medium: 20,000 (major support, 2024 lows). Worst: 18,000 (2022 bear market). Timeframe: 6-12 months (April 2026 bottom aligns with 4-year cycle). As per Analysis- Short 23500 Short 22500 Long 20000