In various social network , I was advocating for Nifty to fall & touch the realistic level of ~9450. Here below ( Link shared ), to find an article with similar work-out on why Nifty at 9400.
LINK: http://www.business-standard.com/article/opinion/nifty-unlikely-to-deliver-positive-returns-for-two-years-118022100009_1.html
LINK: http://www.business-standard.com/article/opinion/nifty-unlikely-to-deliver-positive-returns-for-two-years-118022100009_1.html