Armageddon II: Nifty Pvt Bank Index ready slide below Mar20 low
Patterns are the basis of finding comfort beyond comfort zones created by news flow.
Same patterns that made me speak quietly in first week of January 2020 that the Nifty Private Bank Index has the strongest and most clear patterns ready for a 35% plus slide are now ready again and on a larger time frame and with greater clarity for a 50% downmove broadly speaking on almost all the private banks in Indian equities complex.
Check out this 2 minute video.
Caveat Emptor: All Market forecasts based on patterns is subject to change as the evolving market confirms the patterns fuertehr or denies them.
Same patterns that made me speak quietly in first week of January 2020 that the Nifty Private Bank Index has the strongest and most clear patterns ready for a 35% plus slide are now ready again and on a larger time frame and with greater clarity for a 50% downmove broadly speaking on almost all the private banks in Indian equities complex.
Check out this 2 minute video.
Caveat Emptor: All Market forecasts based on patterns is subject to change as the evolving market confirms the patterns fuertehr or denies them.