After breaking previous high,nifty moved @7%
It happens mostly once previous high breaks which created atleast before 9-12 months,more upside possible 8-10% ,so I had estimated nifty target 13475, market surged 80% up from March low.FII were continuous seller in March now FII s continuous buyer from 20+ days.Be cautious at high levels, longer term prospect is good but short term is now not good.
My view is personal and educational.Am not SEBI registered analyst
It happens mostly once previous high breaks which created atleast before 9-12 months,more upside possible 8-10% ,so I had estimated nifty target 13475, market surged 80% up from March low.FII were continuous seller in March now FII s continuous buyer from 20+ days.Be cautious at high levels, longer term prospect is good but short term is now not good.
My view is personal and educational.Am not SEBI registered analyst