Prediction: Expected min 20% steep rise in upcoming days. As per the chart, diagonal pattern is formed in daily TF and also a smaller diagonal was formed at the minute wave 5 where price has given a breakout. Aarti drug has corrected almost 58% from its High.
Note - View's provided are for Educational purposes only, please do your own Research.
The present analysis is derived from 2008 and 2011 fall and historical retracement.
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12101: The last level until nifty can rise without correction based on previous fall analysis.
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10400: If correction happens this month then nifty might test 10400 levels which is a healthy retracement of 0.618 levels of fibo.
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Retracement is imminent for a healthy economy....
