Following line was told today at 08:47 AM in Minimum target of Nifty at 8616.90
Now Nifty is trading 2% up and rally continuation is still expected because selling patterns not seen today but huge volatility can not be ruled out because any news,confusion or doubt regarding Modi victory may hamper sentiment. As today intraday patterns are showing consolidation therefore Indian markets are technically poised for more up moves/Rally.
25 sessions range will be broken out with more than 10% to 20% rally in next week
Now Nifty is trading 2% up and rally continuation is still expected because selling patterns not seen today but huge volatility can not be ruled out because any news,confusion or doubt regarding Modi victory may hamper sentiment. As today intraday patterns are showing consolidation therefore Indian markets are technically poised for more up moves/Rally.