Nifty will Find a new 52week High this week is going to 9083_9119 or even 9150 .
This was posted earlier that “Trading above 8910, Daily range for Monday will be 8960_8984 & 9030. Nifty is having a strong support at 8875_8827. Below 8827 only nifty can correct to 8750 level and more.” And it reached near to our expected target 8990.
As everyone else , I was damn sure about a small correction on top, belive me, but I keep to build a confidence among the traders, strongly supporting the view, negating a 50_100 points corrections . Let me see who will stand with me.
The current data suggest a close above 9000 is difficult. But we are at very early stage of the expiry, we can't take the current data granted.
Only we can follow the trend.
The trend is bullish, so, let us follow the trend with strict stop loss and see how it evolve in future.