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k314
Jan 31, 2020 11:02 AM

Can budget push BANKNIFTY towards the megaphone top?  

Nifty Bank IndexNSE

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Can budget push BANKNIFTY towards the megaphone top?

All opinions are welcome _/\_
Please share your views and analysis in the comments.

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Announcement:
Most accurate analysis of BANKNIFTY on budget day (Feb 01 2020 intraday) will get a chance to win the best study materials on PITCHFORK analysis!

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Cut off time to submit your analysis of BANKNIFTY on budget day 8:45 AM, Feb 01 2020.
Comments
vimalsharma007
No. It will go towards South direction. Can expect below 30000.
k314
@vimalsharma007, Thanks for sharing your view. Your analysis was spot on!
I will share the link to the study materials by direct message very soon. Congratulations.
VAIPAN
will again see 31670
k314
@VAIPAN, Thanks for sharing your view.
VAIPAN
@trex88, i think you want to say "Thanks for sharing your flop view"
k314
@VAIPAN, Chill! You are assuming a lot of things here. I meant what i wrote.
In fact I also had bullish view on market today and booked my loss. Nothing big to lose as I followed my risk management rules strictly :) Losses are unavoidable and are part of this business. We must accept them gracefully and move on.
VAIPAN
@trex88, actually i was expecting relief in LTCG but unfortunately PPL who knows economics are corrupt and cunning and PPL who are nationalist and want to do good don't know economics
k314
@VAIPAN, True the bureaucrats are corrupt and lazy. They must be replaced with technocrats very slowly. The ruling government has a good intention but is somehow unable to device plans that ares 100% effective. Still they are much much better than having a corrupt government with educated goons.
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