Previously it as given a fake breakout and took 7 to 8 years to reach back at same level, is History going to repeat the same ?? Pattern indicates same as previous one.
In 2013 to 2017 done a fake breakout and given a huge fall till 2020, Is it going to repeat same??
Or Restest is going to happen (long term Investers need to be cautions) untill the bullish sign appears.
my assumption is it will respect the support line as seen in chart previous people got raided 2 times and finally given a gap up and sustained now its at same level if bounce comes 22250-22300 level will be important and if it open below that level market in red box free fall raid will be bigger and trend line also will not be supported this time. #nifty50
