I have compared the Q1 and Q2 price movement patterns and have marked with numbers 1,2,3,4 (against each quarter). Also using the fibb retracement, I have charted that using the 4950 retracement rally levels from the bearish point of 2986 and expecting a target of 6154 and expect spikes of 6300-6400 (All time high expected) over the next 20 days.I am republishing...
Key Level to watch out for(Study of 5Year chart)
Though there will be some correction in between. It is predicted that Nifty will come down
to 9900 - 10000 Level.
Some Intraday Opportunity will be there if 9th 0.96% October opens the nifty above 10331 Level.However
Expcting that intraday opportunity should end on 15th October or maximum by 19th october with...
From our analysis, It seems the pair attempts to breach its long term resistance repeatedly and is finally a D candle closed above 4/1 Gann Fan resistance
we expect the pair might reach new higher highs after this and would reach the expected target
NIFTY TREND CHANGER LEVEL AT 10410
NIFTY ROLLOVER COST AT 10395
LAST ANALYSIS mentioned that long positions for the day can be taken above 10370 and short positions can be taken below 10280 . Nifty triggered our SHORT trade for the day and completed ALMOST 2 targets 10140 . As mentioned in the previous post " Now this week Nifty has to sustain / close above...
For coming week Bulls need to hold 10850 range, for the up move to continue towards 10960/11100. 5FEB -7 FEB are important time cycle dates for coming week, Any close below 10700 can see fast move 10600/10450