Nifty weakness....can go to 18800-850 by sept1 8th
Word of Caution -
Technically there will be a mild pull back for 100-125points but nifty has not be able to give a close above 19400 decisively. Nifty on daily charts has made head and shoulder and trading below the neckline making lowere lows, Immediate downside can be seen at 19050... further extended to 18850-800 before sept monthly expiry.
This will pave the way for new Highs or a vertical rise before Q2 results supported by festive buying also an important quarter before elections. Stay alert...buy on dips as mkt will rise vertically after this correction. Consider it as a healthy correction, for better upside...life high..🚀🚀🚀🚀🚀
Technically there will be a mild pull back for 100-125points but nifty has not be able to give a close above 19400 decisively. Nifty on daily charts has made head and shoulder and trading below the neckline making lowere lows, Immediate downside can be seen at 19050... further extended to 18850-800 before sept monthly expiry.
This will pave the way for new Highs or a vertical rise before Q2 results supported by festive buying also an important quarter before elections. Stay alert...buy on dips as mkt will rise vertically after this correction. Consider it as a healthy correction, for better upside...life high..🚀🚀🚀🚀🚀
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