Nifty has reached the earlier upside target of 6120 ( as per earlier post:29/10/2010), with an intermediate correction on Friday. However, the analysis of the chart over the past months have indicated the formation of a Bullish Double Bottom pattern. Here the upside target would be at 6250!.The target achievement is expected over 3 - 4 trading sessions, with some intermediate halts
Zoomed past it as expected :)
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