Nifty made symmetrical triangle (dotted pink line), Can we see that it will breakout in upwards directions, going towards 8300. or downwards 7400 in coming days. chances are 50-50
Bad news may be in coming month, June2016 nifty may fall almost 10-15% in june month from the level of 8080-8300 . reason will be FED, ECB, BOJ, RBI , etc.. nifty will test the resistance level first, Strong resistance at 8320 8160 8080 and 8000. These level can be turning points for june 2016 fall. Do not trade as per analysis, this is pure satta analysis.
once traded above the level of 413-414 for 2-3 days, the rally will be upto 465-500
Reliance capital breakout triangle in coming days. Which wave will support it, the MODI WAVE(because in history it was modi wave) Anil mangal sir, please provide your wave analysis, thanks in advance!!