shiv2798
Long

Nifty Will make 11250

NSE:NIFTY   Nifty 50 Index
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The current shallow pull back and looking the Economic development and recent adoption of GST , a system which demonstrate Clean tax and single window tax rate have made some hope which is very much evidencing in stock market , despite many analyst tried to find the top and level of pull back in Nifty but no one could able to Gauge nearest to accuracy ,
I am tending to believe the market will rise as investors hope for better feature is rising in Indian Business Community
the target level which i have marked as approximate level based on the speed and price action currently we are heading
There will be pull back but it will be very shallow as per my knowledge
So lets see how it unfolds towards 11000 Mark and trade well
Regards
disclaimer :
This information is based on my personal opinion it is not necessary should be other person , it does not conflict any person or institute information
Comment: do you still say Nifty will not retrace till 8900 the lines i have marked as tentative possible support or reversal area ??
then you see it started heading towards it
Trade closed: target reached: Well Nifty made 11171 , Nearly to My target ,
hmm...what next?
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hi...good to see you after a long time...welcome back
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Hi
Looking at the graph above can it be concluded that before heading for 11k levels nifty will test 9000 - 9100 levels in coming 3 - 4 months. At present nifty is touching the upper part of a channel.
Pls confirm.

Thanks
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shiv2798 hotpot64
@hotpot64, Sir Current Candle is not closed yet to decide weather it will pull back before making to that level , but this time no one can Guess where the pull back will stop , because this kind of price action in Stock market of Japan and US is seen , previously during bull market
In my view nifty after making psychological level of 10500 can come back by 700/800 points before shooting back to projected target Level
Regards
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