TOP OUT or BREAK OUT ?
NIFTY - may be top out anywhere between 3100-3250. If it trade above 3250, it will be the signal for breakout . After the breakout it may come down even upto 3000+ but it will be only correction. Upside may expect 3650-3850 But if it unable to break and trade above 3250 then we may expect once again 2500 + Be ready for either way possibility. TOP OUT or BREAK OUT ?