NIFTY 50
Expecting sidewise movement in the current region . if it breaks the KUMO cloud possible target is 11440 .
If it breaks the cloud then it have the potential to reach up to 12000 then after slight waiting signal(consolidation for minimum one or two days ) then it reach higher heights.
November 3 is crucial because the United States presidential election is scheduled for Tuesday, November 3, 2020.
Even though the US indices are less correlated to NIFTY (30% as of now) it will obey perfect correlation on that day
N wave possibility cannot be eliminated and cannot be approved unless it makes advances
If it breaks the cloud then it have the potential to reach up to 12000 then after slight waiting signal(consolidation for minimum one or two days ) then it reach higher heights.
November 3 is crucial because the United States presidential election is scheduled for Tuesday, November 3, 2020.
Even though the US indices are less correlated to NIFTY (30% as of now) it will obey perfect correlation on that day
N wave possibility cannot be eliminated and cannot be approved unless it makes advances
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