Hello,In our Previous post we have talked about gap in markets & we told that market have gap at 10200 & 9500 lvls & markets can test these levels in days to come.
There is basic thing in Gap theory that whatever gaps are made on charts on daily basis, markets irrespective of moving up or down have to come to those levels to fill the gap. Once Gap is achieved then markets tend to bounce by 5 to 10% on daily basis as it happened when Gaps were filled at 14500 & 12500 lvls.
So we have achieved 10200 on Sensex charts & as per our theory markets to test 11200 & 11500 lvls.
Markets know more better whats happening.
Regards,
Allies Financial Services
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