Gold/Silver vs Nifty analysis. Nifty bottom is done when gold vs Silver ratio peaks at top (Gold value/price is higher than silver value/price), now if you clearly see the gold vs silver ratio curve is going down means silver is getting strong, this indicates the nifty is about to move upside.
As per my earlier post which i predicted to buy from 3500 to 13500 it achieved successfully. Now price is getting rejected at top zone between 13500-13800 now it has a very high probability to reach at 7000/6000 even slightly lower at 5500 than post which it will resume uptrend. will update the further move when price reaches lower zone.
From last 6 week nifty hasn't been able to close above 11950. It had the chance on friday but was beaten down. Now i feel we are heading down till 11450 and on 5th July which is a budget day big money will push the down price till 11250 touch it and spike back up. The probability of this pattern repeating is very high.