NIFTY was completing something yesterday around 18,060
I highlighted that, we are done
But if you do not agree then 17,820 are your stops! Market have stopped you out this morning
Going forward todays low would be critical! Made during the day!”
Today also being a VIBRATION DATE, Such volatile moves are normal
NIFTY finally showing signs of exxosion, positionally 18,200 should be the upper limit
And gradually we should move towards 17,400 within couple of weeks!”
Things would entirely get conformed once NIFTY and other INDICES start to sustain below todays low! Beyond short-term, ups&downs there are some pending objectives which are yet to be fully filled
14,400 is,was,and will be a pending target for this BEAR MARKET
Oh sorry COMPLEX BEAR MARKET!”
With or without new highs, the fact that this is not a BULL MARKET, Would continue to persist
October 2021 highs for NIFTY is just a number
Earlier stocks like RELIANCE have broke 2021 highs, then what happened we all have witnessed that
So new highs cannot turn TIME CYCLES!”
INDIAN MARKETS are forming some sort of BUBBLE which would hit investors very hard
If you get stuck with ICICI BANK at 900 SBI at 550 then you only have yourself to blame! Already investors are stuck with RELIANCE at 2850
Don’t fall for this narrative of new highs
That won’t hit advisors, it only will hit you as INVESTORS!
