Nifty 500 Broader Market Outlook Monthly weekly Prospective

[nishshkumarjaani@gmail.com]

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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