Will Bharti Airtel Cross the 800 Mark ?
Well Super Trend is yet in sell mode, Bollinger Bands shows chances of reversal while Fibonacci Extension Indicates a run till 845 can be possible in case of a reversal.
It is observed over the historical data of nifty, if it makes a new high and corrects by 20% it reverses towards a breakout with previous 52 week high and creating a new high in over 12-18 Months. The rally is already at its peak of 18 Months.
What are your views on this theory. Do you think the rally would continue or the correction would pull the markets further down?
Fibonacci Extension Prediction
The Fibonacci Analysis that already rising Trident is running towards its goal for 46 or higher to touch 60. Will it cross its first milestone of about 46? Let's see. Fingers Crossed.
