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