As per long term prospectus Nifty chart showing long term break out and according to my view long term target is 11000.. Head and Shoulder pattern and Triangle breakout can seen on the chart..Kindly share your view as well..Thanks
@stocksinboxx, Yes :) , so now what should be the next target for nifty according to your view..
stocksinboxx
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@PR5999, will have to wait for two days to see if 9530 is the level where the top has been made for further analysis
stocksinboxx
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MY TARGET OF 9530 HAS BEEN ACHEIVED
asnv.santosh
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Good to see your posting. Camarilla pivot values (yearly basis) suggesting 10600 as first target once nifty moves above 9364.
PR5999
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@Asnv.santosh, Fight between bull and bear... Bull wins..going to reach another all time high..
stocksinboxx
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well if you are talking about a very very long term view ....11950 is the 1.618 extension of the monthly chart. But it is going to take long my friend. i would rather suggest you to look at a slighty shorter term to medium term view.if the nifty closes above 9380 on a closing basis the next target would be 9530.
padiyara
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@stocksinboxx, you are right, above 9380 ,target 9560 can attain this month itself.
asnv.santosh
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@padiyaraa, well said sir.
asnv.santosh
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@stocksinboxx, it's absolute. Waiting to watch 9530 on board. Nice view.