The market has recently experienced a strong rally, successfully completing a W pattern, signaling a bullish reversal. However, given the recent momentum, it is likely that we could see some pullbacks in the near term as the market consolidates. Additionally, the Nifty has shown signs of weakness which could contribute to further corrections.
Once a stable bottom is established after this pullback, it would present an ideal opportunity to build long positions. With the broader bullish trend intact and the W pattern indicating a potential continuation, targeting 3800 could be a realistic goal for the next phase of the rally. This target aligns with the measured move from the W pattern, and if the market resumes its upward trajectory, reaching 3800 would seem plausible.
Once a stable bottom is established after this pullback, it would present an ideal opportunity to build long positions. With the broader bullish trend intact and the W pattern indicating a potential continuation, targeting 3800 could be a realistic goal for the next phase of the rally. This target aligns with the measured move from the W pattern, and if the market resumes its upward trajectory, reaching 3800 would seem plausible.
Do what others don’t know, and don’t do what others know.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
Do what others don’t know, and don’t do what others know.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。