NIFTY HAS GIVEN A BREAKOUT FROM A CONTRACTING TRIANGLE
HT OF TRIANGLE IS ABOUT 430 PTS AND B/O CAME NEAR 7420
SO TRGT OF NIFTY COMES NEAR 7850
THE WAY TO 7850 MAY NOT BE STRAIGHT AND DIRECT BUT I GUESS MAY FOLLOW
7688/7710-7400-7850(PROBABLY TILL 1ST WEEK OF JULY......RANDOM DATE IS 4TH JULY.WILL BE TERMED AS PRE BUDGET RALLY)
MAY EXPECT A 10% NEAR CORRECTION FROM 7850 TOWARDS NEAR 7100 TILL 15TH AUGUST(MAY BE TERMED AS POST BUDGET CORRECTION)
FROM 7100 NS MAY MOVE UP AGAIN TOWARDS 8150-8250 RANGE(DIWALI BUMPER RALLY)
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