shiv2798

Shallow pull back indicate further bullish trend

NSE:NIFTY   Nifty 50 Index
When initially the pull back started i was expecting it to make 1.272 Feb Level which is 9746 and price did visit it and then it did not continue and reversed form that place , it indicates the bullish momentum but i needed the confirmation of the same , then price did move higher high and gave confirmation of further bullish trend , Now i am looking the Last Exhaustion point 10536 which is also 1.618 of Feb extension of this bullish move started in 22 February 2016
now the nifty became unstoppable till 10536 and then you can expect a correction to ratio of bullish trend
when Nifty was 8900 i had posted it will make 9800 , and when Nifty made 9500 that time i had posted it will make 10500
but many comments makers fail to understand the dept of Knowledge and simply made their comments
its OK for their comments , Now prepare for another blast of 500+ Points in Nifty
Cheers
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