Mutual Funds (UA-220086359-1)

Indian Market – Nifty Will Be Going To Reach 25000 Points. Beware

Every fall in Nifty,  will create a double bounce back in the coming days.

Nifty dropped 8590 in 2019, then market moves to 18994 in October, 2001. That means market responds to 2 X return.

If the market drops every upwards movement, that is counted,  we see that converts into 2X+2X+2X = 6X. 

Now, we start the calculation:

Market started falling from 18355, and reached the lowest point at 15219, that means a difference of 3136 points. 

First fall,  1136 points.

Second fall starts from 18235 to 16258, that means a fall of  1977.

Third fall,  from 17878 to 15319, a fall of 2559.

Difference between first fall and second fall is +61 points from 1136. So,  total is 1197.

Difference between first fall + Second fall and third fall is 1362, so total fall will be 2559.

2X return will be 5118 points from the highest.

18335 + 5118 = 23453 points.

When market moves up another 20% upward movement is possible as more investors joins the upper movement.

So,  Nifty 50 is going to touch 25,000 points within December,  2023.

This is my research work based on past experience.

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