Nifty 500 Broader Market Outlook Monthly weekly Prospective
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Nifty 500 Broader Market Outlook
On the Monthly Chart, Nifty 500 is in progress of a Cup & Handle formation.
A monthly close above 24,000 will activate this pattern with a potential target of 29,000.
On the Weekly Chart, an Inverse Head & Shoulder pattern is forming. A weekly close above 24,000 confirms the breakout with the same 29,000 target.
Post breakout, we expect an impressive 20% rally in the broader market!
We are constantly adding our favorite ETFs:ALPHA
MOMENTUM50
MIDSMALL
This is the time to stay invested & build for better future returns.Nishesh Jani,CFTe
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