Nifty peaked at 11,130 closing basis on Jan 29, 2018. After that it has made a triangulation pattern as seen between points 1 to 6. Thereafter it has started an uptrend with gapping behaviour between points 6, 7 & 8.
After 8, it held its fall at 10,937. Then it has started its upmove (two days old).
It should hit 12,500 soon... the upper parallel line in the below chart.
