Sell or Wait? Market Oversold Signals Flash on Charts | Rohit Srivastava | Business News | ET Now

Sell or Wait? Market Oversold Signals Flash on Charts | Rohit Srivastava | Business News | ET Now

Markets have seen sharp cuts over the past three sessions, but is the worst over for now?

In this exclusive technical breakdown, Rohit Srivastava, Founder of Strike Money Analytics & IndiaCharts, decodes the current setup for NIFTY 50 and NIFTY Bank.

🔹 Markets extremely oversold in the short term
🔹 Possible relief rally towards 24,600–25,000 on Nifty
🔹 Bank Nifty could attempt 60,000 levels
🔹 India VIX jumps 22% — now at 21
🔹 Panic peak typically near 30 on VIX

While the broader trend may still be vulnerable, charts suggest a potential short-term bounce rather than aggressive selling into panic.

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