AS ANTICIPATED NIFTY FALL HAS PLAYED OUT. ON MONTHLY CHARTS PAST 4 PEAKS WERE FOLLOWED BY 2 MONTHS DECLINE ! ( JUST AN OBSERVATION )
IF THE LOW OF 7500 HOLDS THEN I EXPECT NIFTY WILL RALLY TO 11800/12000 INSIDE 1 YEAR ! DONT EXPECT ONE WAY UPSIDE - MKTS WILL BE VOLATILE !
9400 1ST TRG IN 2/3 WEEKS .
IF THE LOW OF 7500 HOLDS THEN I EXPECT NIFTY WILL RALLY TO 11800/12000 INSIDE 1 YEAR ! DONT EXPECT ONE WAY UPSIDE - MKTS WILL BE VOLATILE !
9400 1ST TRG IN 2/3 WEEKS .