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Spunkygamer
Jan 9, 2022 11:27 AM

Will History Repeat Itself? #Nifty50 Long

Nifty 50 IndexNSE

Description

Flag Pattern again. Can we see the old rally again and bulls taking control. Time will tell us that, but do note that Flag pattern is a continuation pattern, not reversal.

Further, quarterly earning to come in whole of January 2022 and February 2022. India is bullish, GDP is up, Economy doing fine (USD 3.1T). COVID is not a danger as of now, but US Fed Interest Rate hike is a concern for FDI / FPI guys.
Comments
fvikas
you are telling fortune or what 🤣
Spunkygamer
@fvikas, no sir. Market is supreme, by respecting market only, one can make its fortune. I am just a small participant.
ckirtane
There will be a good news in feb 22 that US FED is postponing interest hike from march to june/july.Then nifty will cross 20000.
Spunkygamer
@ckirtane, hope so sir
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