[Attachment(s) from uttam saraf included below]
Hello everyone,
There is an Inverted "Head and Shoulder" formation in NIFTY which is a bullish sign for short term. If Nifty donot sustain below 4875-4930 on 2 day closing basis one may expect 5400-5525 in Nifty. Yes immediate 500 points upside in NIFTY.
But if suppose it was a failure and sustained below 4875 and breaks 4700-4790 intraday then one may expect big panic. the fall may be upto 4500,3800-3600 in NIFTY.
Overall we have already said one big fall expected in NIFTY. 20-35% fall in NIFTY.
Uttam Saraf
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Attachment(s) from uttam saraf
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