Nifty 50 – Monthly Outlook UpdateNifty 50 IndexNSE:NIFTYVikasBajajICTIn the previous month, Nifty 50 witnessed a huge short covering rally, but by the end of the month, liquidity was completely swept between 25447 – 24617. 🔍 Key Observations for New Month: 📍 Market may first move toward 25069 (Equilibrium Point). 🔄 From there, a possible reversal could unfold. 🎯 Downside targets in case of reversal: 23875 22635 ⚠️ Trend Bias: Short-term: Neutral → Watch 25069 reaction. Medium-term: Bearish if reversal confirms. 💡 Patience is key here – let the market show confirmation before taking directional positions. #Nifty50 #IndianStockMarket #Equilibrium #LiquiditySweep #PriceAction #SmartMoneyConcepts #TechnicalAnalysis #NiftyUpdate #MonthlyOutlook #SwingTrading #TrueDirections1 Join : TrueDirections1 for more update (Telegrm)