DOWJONES DAILY CHART
Today I am only presenting a chart of Dowjone Index. As observed form the charts Dowjones have broken above the long term down trend line as well as there has a been a clear break out form the a very bullish pattern of inverse H&S. If the index is able to sustain above these levels the market will be in bullish mode and my next target on Dowjone is around 13500 to 13800 levels. Keeping this into perspective my present view is bullish on Nifty and target is 5200. The view will change if Nifty breaks the support of 4800 on the lower side.
View:- My over all view is Bullish on markets.
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