Banknifty big fall expected

Dec 13, 2022

Hi guys,
As I analyzed before and interpreted that markets are going to make its ATH and they did.
Now, I feel that market is in kind of exhaustion mode and it should come for a pullback or retest the breakout of resistance marked on the chart.
It should fall 1300-1600 points from this area. Fall can start from December end or January start.
There is nothing to worry about for intraday traders. But i suggest do not make long position in swing and positional trading.

Dec 21, 2022

Note

UPDATE!
As expected market fell 1700 pts from the top. You can see we identified the top and in the last post we identified the bottom.
As of now, tightly trail the SL. There is more room left for few hundred points, but we cannot risk 1700 pts for these 300-400 pts.
Yes, I said the fall should happen in December end, but it happened early. I want to say only 1 thing that markets are supreme, just follow the market instead of forcing it to do the way you want. If you do that, believe me, you will lose every time. Happy Trading:)