So basically in the monthly chart, I draw a trendline that touches 2000 and 2008 and that trendline is now near to 13750-13870. So maybe this can be an again hurdle for nifty. So If you like the logic, please Like. Thanks Naman Sonkhiya
its just illogical, your heart said to draw a monthly view of the trend line due to over bullishness which i know as well. but what you dont know what any of these technical expert here except some that what is driving market is Heavy liquidity which is here to stay till 2022. thats 2 more years so technically there will be minor correction but then thats itNIFTY will be 16000 by 2022 after giving decent correction offcourse
namansonkhiya
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@Kakerot, Totally agree with you. I have to just change my title to a correction instead of Massive selling. My expectation is we can see NIFTY at 20k by 2024.