Yes friends you heard it right its Nifty which is going to touch 10000 in a year till March 2018. :-)
But how and what is basis of talking about this big target i explain-
See the Chart friends, Nifty formed the cup and handle mentioned in blue arcs in the chart from Jan 2008 to Feb 2014 and gave a breakout at point A in mar-2014, from there it gave a massive move of almost 43% in a year till point I in Mar-2015.
The same similar setup pf cup and handle is formed in nifty from there on and it had given the breakout at point B, yes again in march-2017. So on calculating the move it can be expected that it will give the similar move till next march-2018 and a move of 12% is expected from here based on calculations.
Points to be noted in this-
1) In both the cases Nifty is above 200MA and also 50MA.
2). See the Charts patterns in both Cup & Handle u will get surprise that a similar pattern is there on broad view.
3).Same chart patterns are repeated by forming a W pattern.
4).Above all timing is also same March.
"Timing is same + Pattern is same "
So what u think friends will history repeat and a good move is coming from here.
I think yes what's ur view..