WEEKLY CHART ...BOTTOM HEAD AND SHOULDER OR InHnS formed after 2020 fall a clear neck line break and nifty made a ATH in next few months and also achieved the first target of InHnS then after consolidation for a few months at first target index gave a breakout and now heading towards its final target of 19k....this will get achieve in next few years .... Overall index is bulliesh till 19k
NIFTY WILL CONTINUE till 17400 and then a cataclysmic fall will come. Not sure why and the exact time frame BUT the biggest crash is yet to be seen. THAT FALL WILL wipe out trillions of DOLLARS and will have a sustained effect on This GAMBLING GAME.
We are witnessing the MOTHER OF ALL BUBBLES purely DRIVEN BY THE FEDERAL RESERVE.
YOU MUST BE N THE MARKET to make money and get OUT as quickly as possible.
A RISE IN INTEREST RATES WILL NOT POP THE BUBBLE, so do not short if INTEREST RATES ARE hiked. SOME OTHER incident will POP THE BALLS.