VIEW : Reversal possible from here if we get to see above average volume on this month closing candle + follow up candle closing above this month closing for atleast 2 consecutive months , for 1-2 year time frame
IN LAST 3 YEAR CORRECTION IN SMALL CAPS HAD SEEN 3 TIMES
1) 8% dip ,later it risen 34% from the low of this correction
2) 9% dip, later it risen 35% from the low of this correction
3) now 3rd correction happened with 10-11% correction , if these supports respected by the market then we can expect a 30-38% upside
View is for educational purpose :) Not a...
Reliance If managed to break and stay above 2155 then Iam expecting 2280+
Above 2300 Next Breakout ! Nifty already rallied 580+ Points after breaking All time high break on august 2nd However Reliance did not participated in this rally ! Reliance can be Helpful for nifty to continue the moment