Will history repeat? An 8-10% correction after hitting 127%?

Jul 8

We went through the charts, and since 2022, Bank Nifty has been hitting the 127% extension and then correcting 8-10%.

People say history repeats itself, and if this is true, we might see a 5000-point fall in Bank Nifty.

This analysis is for educational purposes only. Please do your own analysis before making any financial decisions.

Regards,
Team WaveMoku

Jul 25

Comment

4.5% down, so history is repeating itself one more time.

Aug 6

Comment

Massive 7% fall in Bank Nifty.