Nifty Mother of Bull Run Part 2

First, we need to understand the Mother of Bull Run

The bull run started after a breakout at the upward-sloping trend line is called as mother of the bull run.

It is called so because of the following reasons.

• Extremely strong rally with markets rising vertically for an extended period and investors should never miss this is a golden opportunity.

•  After breakout stock may rise 30% to 300% within a short time.

Let’s check the Nifty chart.

The First Bull Run line (upward-sloping trend line) shown in the white line, started on 31.03.2000 - 31.03.2008. Nifty rise from 13,596 to 20,222

The Second Bull Run line (upward-sloping trend line) shown in the yellow line, started on 31.03.2008 - 31.12.2021. Similar way Nifty new target will be achieved in the future.

Analyst : Atul Shah

info@smartinvestment.in

(Disclosures: At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be.

Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody. Investors must take advice from their financial advisors before investing in any stocks.)