Using the Alan Andrews pitchfork that predicted the highs and reversal for nifty quite accurately we can see ourselves heading 12400 to even 12500.
Expecting the biggies to create a dip in December till 11800 and then continuing the rally till budget and after budget a strong correction.
Expecting the biggies to create a dip in December till 11800 and then continuing the rally till budget and after budget a strong correction.
Comment:
After the Iran- US events nifty is back strong. Nifty touched 12300 an all-time high, setup working nicely.
Trade closed: target reached:
Nifty reached 12400 levels (12,430), and as mentioned previously we saw a strong correction post-budget.
Comment:
Well, Well, the correction we saw was scary!