**If Nifty opens at the important level of 22900** USD/INR closed at 94.93(lowest in 3 weeks). GIFT NIFTY's Friday closing indicates a gap-down opening for Nifty. Looking at the USD/INR chart, if the technicals hold, support stands at 94 then 92. RSI shows selling is pending. Nifty has three supports on the downside: 22950, 22300, then the major support at 21900. Whatever happens in the coming month, Nifty must sustain at these levels. In the meantime, USD/INR must fall to lower levels like 92, then 88-89. If this turns out to be true, Nifty will touch ATH or above in no time. Will update. Attaching some charts. Follow for more such updates. #nifty #usdinr
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