The daily chat is explaining the important Fibonacci extensions and the current range is 12722-13185. If it breaks the current higher range then the immediate upside is 13426 and most probably this will be the highest point in this run.
One it reaches the given highest point I am expectation these retracement points 12536/12325/12026 before sail towards 14422.
Please do your own analysis before trading or investing.
NOTE :- I am not a SEBI registered advisor, please consult your financial advisor before trading or investing.
Also NASDAQ shown in the video is of running market and not closing.
Post the finance minister’s announcement the trend has changed to short term bullish. Hence this rally is likely to continue until budget announcement. So buy if you see nifty at 11800 or 11750 levels.
A little non-streamline opinion again, ppl are carrying shorts due to formation of doji's in Nifty, but personally I feel we are still in very strong trend, yes there are very less chances of repeating things like "Only 4 times nifty given 6 continue +ve close in 2019" up and it can be very sharp correction when it comes, but I feel that will come after ATH, or...