CRefully inspecting the grapho of NIFTY sonce 1990 , we realized that First bull rub begin from mat 2002 when NIFTY break levels of 1465 after getting rejecting from same level 7 times , bull run made 445% return during that time, Now NIFTY is at higher level of that Channel which add my Vote of Major downtrend from that level as by 3 times NIFTY got rerejected from higher band but this time it break that Level of 12000 we can expect ouself safely in New Bull cycle of more that 300% to 400% returns... Keep and eye on levels of 12000-13000 and let NIFTY take some breath above those for major Returns else CUT position to save wealth...
Trade active:
Carefully inspecting the graph of NIFTY since 1990 , we realized that First Bull Run begin from Mar 2002 when NIFTY broke levels of 1465 after getting rejected from same level 7 times , first bull run made 445% return , Now NIFTY is at higher level of that Channel which add my Vote of Major downtrend from that level as by 3 times NIFTY got rejected from higher band but this time if it break that Level of 12000-13000 we can expect ourself safely in New Bull cycle of more that 300% to 400% returns... Keep and eye on levels of 12000-13000 and let NIFTY take some breath above those for major Returns else CUT position to save wealth...
Comment:
hope you all enjoyed bull run...keep riding