In an hourly chart we can see a kind of double bottom around 9020, But everyone here will agree with me the euphoria is dried up and the momentum is diminishing, in view of this, the following is my assessment. The fall from the top 9218 towards 9020 looks like an impulse and the pullback to Friday’s top 9133 is a corrective ABC. In my view, this is a perfect ground for an imminent ZIGZAG formation and Nifty’ will find a minimum target near 8933 & 8811.
@GOSWAMI.niladri3, read read & read first. Dont jump into the GUN.
And one more thing, if you want to communicate, first put your things straight, which reflect your point. ok
Please dont sing song here.