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Showing posts from September 2, 2015

NIFTY - when the chart speaks

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To click the above chart to get the zoom view. NIFTY (7785) As per my understanding, distribution already done and next process of fall also already started so expect 25% to 30 % fall from the High of 9119 , after that the next accumulation process will start ,  afterwards  next  rally will follow. In between , may or may not,  some pull backs will come and go and these are all, can treat as, steps of the process. *** pull back means 8000+ , 8200+  or even 8400+ 25 % means 6800+ 30% means 6300+ Let us see what going to happen in the coming weeks and months... *** Note : Macro levels were already posted here on 03rd June itself, now, just refresh with chart , that'll.