NIFTY 2013 -14 Fractal in play. Accordingly a dip back to 100DMA then new highs with RSI divergence before end of current bull run
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recent dip to 50dma seems like replay of 5 Feb 2015 . Few more days of lingering then final run up culminating in a exhaustive top similar to 3 March 2015 around 10500-10600 (PERHAPS!)
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tgt 10600 GONE .. 10800 SHLD BE A TURNING POINT ab=cd (2013 TO 2015 = 2016 TO 2018)
1. When a dip back to 100 DMA will start
2. When current bull run will end
Please reply
Thanks
Sachinsyd
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@a1b1, dip towards 100 dma has started perhaps. Bull run will end only when we see nifty trading under all major mov avgs and unable to move back above them decisively. Though I feel 10800 will happen first b4 we see meaningful decline
1. When a dip back to 100 DMA will start
2. When current bull run will end
Please reply
Thanks