- 82 Days (Uptrend - 2905 Points from 29.07.2021 till 18.10.2021) - 62 Days (Downtrend - 2166 Points which was 74% Retracement of Uptrend from 19.10.2021 till 20.12.2021) - 28 Days (Uptrend - 1944 Points which was 89% Retracement of Downtrend from 21.12.2021 till 17.01.2022) - 48 Days (Downtrend - 2699 Points which was 138% Retracement of Uptrend from...
Highest drop is 659 Points in the Downtrend Trend. If a retracement or Uptrend starts then once 2nd Candle crosses the Downtrend Trend Line then from that point a possible upmove of 659 Points is possible based on Demark IIndicator
2nd Green Candle that breaches the Downtrend (Nifty at 17284). It's an interesting thing to now observe now in the future because the Downtrend was broken but the following day it again broke the Uptrend and came back below the Downtrend line. According to Demark's Indicator, Nifty should have gone up at least by 552 Points to reach 17836 within the next few days.
18175 reached on 5th April 2022 around 1.30 pm. Target drop of 776 Points from High to base of the Uptrend Trend Line (18175 - 17399) if Nifty breaches the Uptrend convincingly. Nifty broke the Uptrend on 12th April around 9.30 am with a 2nd Red Candle (Confirmation of Downtrend). Target of 776 points drop there. Nifty touched 16848 on 19.04.2022 around 3.00 pm