ilmscore | Prediction Details
"Once we are able to close above this, what is the next big target that we should look out at? Now for those who have done my price action analysis, you will be able to understand this. This is a classic example of a VCP. And what is VCP? Volatility contraction price. So if I were to quickly draw this, this is like or we call this as a complex cup and handle. This is like the cup. This is like the handle and one more smaller handle. So this is called as a complex cup and handle or in price action analysis we will call this as a VCP pattern. Now typically in such cases what happens is that when we see such kind of pattern and when see when we this is the classic textbook pattern and when we see a breakout then ideally whatever is this height whatever is this height this ideally should get replicated as my target so what will be my first target on nifty if I were to replicate this this comes to 26,900."
By CA Rachana Phadke Ranade | November 20, 2025 | Incorrect
From video
Why market is up today? | NIFTY 26,000 | CA Rachana Ranade 00:09:51 - 00:11:02
Interpreted Prediction
Following a breakout of the 26,200-26,300 resistance, Nifty's first target is projected at 26,900 based on VCP (Volatility Contraction Price) pattern analysis.
AI Evaluation Notes
The Nifty 50 closed at 22,032.3 on January 1, 2026. This is significantly lower than the predicted target of 26,900, making the prediction very inaccurate.

Prediction Details

Topic
Nifty Target

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