Nifty make-or-break

Nifty Indecisive Near 200-Day EMA; Index Stuck at a Make-or-Break Juncture

• Created January 22, 2026
• Author Dhupesh Dhameja
• Reading Time: 3 minutes

Market RecapThe Nifty 50 staged a modest rebound from oversold territory but continued to face strong selling pressure at higher levels, offering no clear confirmation of a trend reversal. While the index witnessed marginal short covering and managed to hold above its 200-day Exponential Moving A...