26 year NIFTY CHART... Interesting

1. The Highs of 1994, 2008 & 2015 were in same line. The line also acted as support in 2018, 2019 multiple times.
2. The High of 9th April 2020 was exactly same point of High of 2015. so this should act as strong resistance. Nifty me go down from here.
3. Even if Nifty manages to cross 9112, It may fall before reaching 9500, considering high volatility of market that will happen in April month only.
4. We can see NIFTY at 5200 within one year....