psuresh629

How long nifty will go ??

Long
NSE:MGL   MAHANAGAR GAS LTD
After breaking previous high, nifty moved @7%
It happens mostly once previous high breaks which created atleast before 9-12 months,more upside possible 8-10% ,so I had estimated nifty target 13475, market surged 80% up from March low. FII were continuous seller in March now FII s continuous buyer from 20+ days.Be cautious at high levels, longer term prospect is good but short term is now not good.
My view is personal and educational.Am not SEBI registered analyst

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