Recently I have started to analysis some stocks. Most of the stocks are in final leg rally and also Nifty n BankNifty indexes too. After then there may be some corrections (approx. 50% correction).
It is an impulse from 2009 and wave 5 is in progress from Mar'20. Now it is about to start its final up-trend.
First target : 1650 Second target : 1830 Third target : 1960 Final target : 2090
If we check last Friday tried to hold 1440 above multiple times n closed above, I am expecting strong bounce back Monday.. Do u have time frame for ur targets?
dhinesh_kumar
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@gopinathk, High probability to hit first two targets in Aug'21. Nifty and BankNifty are too about to move higher.