every body talking about now a day about rise in "US BOND YEILD " but we trader never talk about Indian bond yeild 10 years. Rise in any bond yeild , inflation, rise in interest rates are not good for equity market so need to be also watched
dollar 💵 index further fall will lead to global issue because most of the countries foreign currency reserves are in us dollar
on daily time frame tcs forming cup and handle formation, conform above 3215 for target of 3350
nifty may retrace up to 15450 and then move upward or it may break that support and more down fall
if banknifty crosses 35350 next target would be 38000
on monthly chart next big target coming for nifty is 20300 if nifty sustain above all temporarily all time high that is 15437
If nifty managed to sustain above 15450 then next retracement line comes at 20200 positional view in dec 21 or March 22
as previously post RELIANCE is forming Cup and handle formation now look at this exactly the same