What if I told you that there was target 6832 on February 23, 2016, I was unable to update the next move about upward. In case, I would update, then we can easily predict this bounce in markets. Would you believe me? If your answer is yes, then you guessed right that our targets will be 7233.
it is my expectation that the first part of the month will play into this superstitious claptrap. However, once an expected higher low is in place, then a big move to the upside will be witnessed that sees March end impressively in the green.
Check here past research on nifty chart.

What is next?
We’ve seen, 7235 high of yesterday trading. If bulls are not over and close above 7250 or trade 7280 above! Then we can see next targets 7365 and very soon 7463.
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S&P500 is bullish on short-term charts after quite strong buying since Friday currently that has a shape that is impulsive. We see a five wave move unfolding that is expected to carry on towards 1900 objective soon. Ideally, support is supposed to be today that is uncover 1860-1870 for revolution four. Invalidation level reaches 1833; for as long this holds momentum is on bullish part.