where will indian index : NIFTY be in Sep 2023 ?

as you can see from the quarterly chart of indian index : nifty above , the index has jumped from 7500 in mar 2020 to 17500 in sep 2022 .

that is a jump of 10,000 in 30 months

the dow theory ( flag up ) pattern says that the same jump will happen over in 1/3rd the time – so around 10 months

so , by sep 2023 , the index nifty should be around 27,500

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