Yes friends you heard it right its Nifty which is going to touch 10000 in a year till March 2018. :-) But how and what is basis of talking about this big target i explain- See the Chart friends, Nifty formed the cup and handle mentioned in blue arcs in the chart from Jan 2008 to Feb 2014 and gave a breakout at point A in mar-2014, from there it gave a massive move of almost 43% in a year till point I in Mar-2015. The same similar setup pf cup and handle is formed in nifty from there on and it had given the breakout at point B, yes again in march-2017. So on calculating the move it can be expected that it will give the similar move till next march-2018 and a move of 12% is expected from here based on calculations. Points to be noted in this- 1) In both the cases Nifty is above 200MA and also 50MA. 2). See the Charts patterns in both Cup & Handle u will get surprise that a similar pattern is there on broad view. 3).Same chart patterns are repeated by forming a W pattern. 4).Above all timing is also same March. "Timing is same + Pattern is same " So what u think friends will history repeat and a good move is coming from here. I think yes what's ur view..
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Keep watching Nifty consolidating for a biggy...
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A very nice time and movement analysis done by Sir Einstein15 on my chart.
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nifty moving as predicted..
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Nifty moving 9342 till now ..10000 coming soon keep watching....
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nifty 9600 till now...
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nifty 9900,,... how much more left?
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predicted on 12 April @8900-9000 range when no one thinking for 10000...in 3 month its going to achieve the dream target..
Trade closed: target reached
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**Nifty- Believe it or not 10000 coming** NIFTY 10000... A great journey of nifty, within 3.5 month touched the golden five digit Mark **10000**. More to come keep watching...
@Einstein15, :-)....keep minting and keep enjoying
Einstein15
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As they say "Only those who can see the invisible can achieve the impossible”
You saw the invisible target with your amazing analysis and charting skills and achieved the impossible.
Be it Intraday, weekly or monthly analysis, you hit the bulls eye as always. :)