Nifty has shown tremendous rally from 16800 to 18886. IMO this the 5th and the final wave, where 1st wave starting from COVID low around 7500.
Of this 3 of 5 has been completed and 4th wave is in progress, which will be choppy and declining. End of 4th wave is generally scary. As per Fibonacci calculations 18100 may be reached, before starting journey towards 20k.
Of this 3 of 5 has been completed and 4th wave is in progress, which will be choppy and declining. End of 4th wave is generally scary. As per Fibonacci calculations 18100 may be reached, before starting journey towards 20k.