#Nifty Short term upsurge expected

#Nifty has charted a leading diagonal and should surge up in a corrective rally for next few days - largely led by reliance which is expected to burst up from Wave 4 triangle to complete its last leg of the rally as a market leader since Mar '20

The Medium term picture points to a large fall post this rally.

Kommentera:

We've had a upmove as expected. There should be some more upside to the 11500- 11600 area by mid week. That should be a setup to go short.
Will post updates as the market makes its way up

Kommentera:

Markets moving as expected with strong downward bias. This should continue down well into Oct with a lot of downward surprises