Well ! Once again we have witnessed the power of our indicators signal 8730 to 8780 range...!
Surprising once again...!!!
The way it got retraced at this zone , indicates the next rally is about to begin ...! very soon....! Remember the rally of 7777 to 8666...!???
We may get something similar to that .... I am sensing the strong pivot made at 8778 zone.... for our easy remembrance we take it as 786 magic... So, we take 8786 is our new pivot...! Expecting a 500 points swing based on this pivot....! So, let's get prepared for the range of 8300 to 9300 zone.....!
The overall width is now aligned to 7777 on lower side & a vow ..vow...10,000 on higher side..........)
As per my indicators, signals are showing once again a deep green this time...!
Nifty is almost bottomed out - now it is showing 8680 range , at the most it is likely to get bounced back from this zone of 8660 to 8680 range.... our immediate target will be 8750 to 8780 range & all the way it is going towards 8862 ....!
Mid term position is aligned to 8521 on the lower range - still intact & 8860 to 8909 on the higher side...!
With kind regards,