Last post in Jan 2021, I said we should reach 15-16k which we have reached. Now what next can we expect from the markets. I expect a correction now.
1. 1 possibility is we correct 7511 to 16300 odd levels. A rise of 8800 points can get corrected by at least 4000 points. Levels to watch out in this case are 12940,11935 or 10890.
2. Another possibility is A wave was 12500-7500, B wave till 16300 odd levels and C wave down till 8269.
Whichever way I look the direction is down only.
Long term prospects are excellent and I will capitalize on the falls in the market.