BANKNIFTY , public poll

bank nifty extended too much on weekly basis, it is higher chance of 1 barish week, in order to under market movement i need your valuable opinion
Short the ponzi!!!!
patel27 Chartist_micro
@patel27, Soon Nifty will start to come down retracement completed now move down
patel27 Chartist_micro
@Chartist_micro, lets see
A thread with 21 comments, wow. Is anyone tracking mid cap index, it appears to me all the mid caps are about to be pumped.
patel27 French_Fries
@French_Fries, what's your opinion on this seatuation ?
@patel27, first I don’t like banks and bank stocks, don’t even trade them, I normally celebrate when a bank stock tanks. RBI has already announced a rate cut ( when gdp growth rate is 7%+ ) and more will be coming ( watch for what fed does ) depending upon if US markets sees any type of correction. This entire ponzi will blow Pretty soon, just like housing blew earlier in India. Yeah but for the time being we can play this game on long side of the things.
History will be repeated, this kind of things always happen in market so we can predict the same..
+1 Reply
Yes , You have intuition ability , it will not repeat the same way , but almost it will be the same , Market never repeats 100 % the same pattern but it has similarity in its structure , those similarity are almost visible to 90 % accuracy , but people at large do not understand this and try to interpret based on their own understandings ,
patel27 I-Fund-Trader
@I-Fund-Trader, i thought so because of 3 reason
1)it is near all time high, critical level
2)weekly strong trandline which is started at (feb 2016)
3)it is over stretched , i mean it is rare to see such weekly candles which low is previous candles high and both looks like almost marubozu
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out