NIFTY positional view: First 4500 then 2500 Bottom to test then Bull flag patter formation for target of 10100 and 11700 level CMP is 5340
NIfty base 1 starts from 900 and base 2 starts from 2500 where i am looking at Bull Flag Pattern with Base 1 and ecpected to test 2500 flag base. point D @ 2500 and then uptrend will continue. Where Breakout will be seen 6300 with target of 11700 in 10 years time by 2024 - 2025. Befor looking at higher target lower level are confirm with 2500 by 3nd or 4rd Quarter of 2014.
Rupee i am looking at 78 - 80 in near to medium term..
NIfty base 1 starts from 900 and base 2 starts from 2500 where i am looking at Bull Flag Pattern with Base 1 and ecpected to test 2500 flag base. point D @ 2500 and then uptrend will continue. Where Breakout will be seen 6300 with target of 11700 in 10 years time by 2024 - 2025. Befor looking at higher target lower level are confirm with 2500 by 3nd or 4rd Quarter of 2014.
Rupee i am looking at 78 - 80 in near to medium term..
