share market will go to 22000 pt in 3 months

bse sensex will go to 22000 level in 3 months ?


  • Total voters
    13
  • Poll closed .

bunny

Well-Known Member
#8
I second your views bunny. NIFTY is consistently making higher Lows.

The one thing which makes me bullish is the market psychology - market is discounting so much of bad news without much damage.
Market psyche is not my forte, but there is a lot of supply around that level. So I don't think it can go a lot higher from that level. Other view I hold is that the present up-move is an leg of the double or triple top pattern.
 

bunny

Well-Known Member
#9
At the moment, I think nifty may come to 5850 - 5900 (around 150 points lower from last closing). If we reach highs without coming to 5850 - 5900 first, we could have a much 'violent' or 'sudden' fall from the highs. Going through 5850-5900 will de-risk the bullish move to some extent.
 

bunny

Well-Known Member
#10
I find it difficult to say, but I think that nifty index could go to below 5400 soon(within 4 weeks or 20 tradings days roughly). And the down-trend may even continue after that.

A quick descent to 5650-80 looks likely.
 
Last edited:

Similar threads

Trade in Rs 20, No more % brokerage

Name:Phone:
Email:City:
State:
Are you a day trader?