Nifty on weekly charts is on the way to make a big-big break out. See the charts below--
Nifty on weekly charts is moving in a triangle and upper end of that is coming around 8937. Any break out of that trend line will confirm the minimum targets of 9900 and maximum target of that pattern could be 11000.
Exact target will be revealed by the time only.
Disclosure: I am not a SEBI certified analyst so please take your own decision before acting on this call. Further i do not have any position in any of index futures whether Nifty Futures or any of stocks futures. However i do have stocks in cash of Nifty constituents in my Portfolio.
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