vikramsthakkar
Long

Nifty (10215): Will history repeat itself again ????

NSE:NIFTY   Nifty 50 Index
It has been observed in recent past that price corrects for 7 bars and 9 days and then resumes its orignal trend. Same was shared previous time when this happened.
Nifty             today bounced after 7 sessions of corrections and closed with bullish candle. Bounce has also come from 50% retracement of 9687 to 10490 and also 50DMA which is placed @ 10125.

Going forward 10090-10120 holds expect upside towards 10250.
Above 10250 rally will further strengthen upto 10350-10390 levels

On on break below 10080 with volumes further correction upto 9975-9950 will be seen.
Even its rising in 24 bars....nice pick...........
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