As you can see from the chart, point “C” is at the closest resistance point. See “A” and “B”.
The breakout from here can take it 10480-500.
Let us take a look at Euro. This too on the verge of a reversal confirmation.
So, DOW, Euro and NIFTY all are on the verge of a breakout. Imagine the combined effect. I will leave that imagination to you. I can only sat Taste the Thunder.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
MASTERSTROKES
