Nifty Bank Index

bank nifty analysis

Essentially, something on the weekly timeframe of BN, says that we are almost going to make a ""TOP"". Could it be that the Current UPBEAT in the Indian markets is essentially just a EYE WASH to the MASSIVE GDP numbers we just got??? When you compare it with other nations, it is MASSIVE !!!!!.
When I look back at the 2004 -2006 story, and How every day PENNY STOCKS would Rise to UPPER CIRCUITS, I see that happening today as well. Some 114 Penny Stocks rose to UC on Friday. HereOn, they probably will Rise too, if HISTORT MUST repeat itself. When you go back into hundreds of years of Monetary Easing and draw a comparison to the very same scenario of Printing More Money to get out of a temporary situation, and it was REPEATED More than anytime else in History during the COVID period. Each one of you will Realise that in the 1920's... 1997-2000....2021, Monetary Easing / Printing Money and pumping the System with EXCESS LIQUIDITY, led to Some Sort of a BUST situation just a few years down the Line. The Recession that followed after 1920 during 1927-30..... The DOTCOM bubble of 2000.... The COVID ( so called related ) Crash of 2020,.... I am not making any of this up, It is HISTORY telling you, that "" I REPEATED MYSELF""".
Just remember, as a day Trader, it does not ever matter to me where the market goes, up or down, I will still catch the Trend. BUT, people here who MAYBE invested into Equity, MAY want to TAKE A LONG HARD LOOK as to what is about to Unfold. Not Making Money is Fine, being WIPED OUT is not.
I can change my stance based on 1/5/15/day/week/monthy based charts and how it may play out. I show you here ONLY what the Waves tell Me. No matter what, The WAVES NEVER LIE. They will fore warn you before the Time comes, if YOU CAN and if YOU WANT TO SEE THEM. The Choice is yours. I see what I have to

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