In the last few days, I have discovered a new cycle method of Saturn, with which we can get a lump sum of the price target in Nifty.
Since, I cant explain this method as the knowledge is only for my students, I am giving the outcomes of the final analysis which is giving levels for nifty near 7,200. This level is conservative we could see levels below this as well.
The target of 7200 is based on the current weekly momentum of nifty from 9100 till now. The Target range will change if nifty sees a sharp rally, but if we continue to decline without breaking the 8500 levels on the upside we could see 7200 in Nifty.
In Time I see the downturn to at least reach till end of July 2015 based on the Saturn Cycle.
This is just my personal view based on the New Gann Cycle that I discovered recently, it has been tested on the past instances but does not guarantee to work in future.