Analysis based on technical parameters(NO NOISE) Today nifty with a gap up crossed 12000 marks however failed to sustain which implies at higher level interest is declining....whatever, for tomorrow nifty may go into distribution phase and commence with its down trend...as mentioned in yesterdays post,a irregular pattern is corroborating and may make deeper pocket in near future....its my analysis.please do your own diligence. trade as per own risk assessment. Assimilation only for educational purpose
Long time sirji @bimalscave I am Expecting Nifty to make a top around 12275-12320 on next Monday (19th) or Wednesday (21st) and slipping atleast 1000 points from there over the next 5-6 weeks.. Nifty could head to something around 11100 by November end in my opinion before resuming it's upmove..