Indice Nifty 50Long
Are we witnessing "Mass extinction of Bears"?
Are we witnessing "Mass extinction of Bears"?
It has become an everyday routine; Market opens Gap up trade the whole day in a range leaving no scope for the traders to trade the volatility.
Although market are negating the valuation and just moving north.
Where can we see the market if it continues the same trend?
1. Situation 1: If the current trend continues, we may see the market hitting 28500 odd levels somewhere near 2026. however, the upside before any major correction 33000 levels possible.
2. Situation 2: In case of any global uncertainty or the upcoming budget triggers any selling pressure now, there are multiple downsides supports the major one includes 21800/21097/20588. However, this selling will only attract bulls to add more. Just in situation 2 the timeline to reach 33000 mark may extend by 700+ days.
It has become an everyday routine; Market opens Gap up trade the whole day in a range leaving no scope for the traders to trade the volatility.
Although market are negating the valuation and just moving north.
Where can we see the market if it continues the same trend?
1. Situation 1: If the current trend continues, we may see the market hitting 28500 odd levels somewhere near 2026. however, the upside before any major correction 33000 levels possible.
2. Situation 2: In case of any global uncertainty or the upcoming budget triggers any selling pressure now, there are multiple downsides supports the major one includes 21800/21097/20588. However, this selling will only attract bulls to add more. Just in situation 2 the timeline to reach 33000 mark may extend by 700+ days.
Nota
Are we on path to 28500? Comment please 
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