@Nithin0dha Hey Nithin0dha, how can a broker like you help out in these kinds of situations? Are you planning on lowering the leverage from 5x to 2-3x once the market takes off and gets to an overvalued point, or do you have other plans?
One of the reason I am saying market will bottom at 24300 is this.
Since 2020, every major reversal into a bull run has started at the 100 WEMA. That level currently sits around 24,300.
Bottom fishing? This is the zone that matters for the next 8 weeks. 📈 #Nifty#StockMarket #BullMarket
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
History doesn’t repeat, but it often rhymes. 🔄 If we follow the 2023 fall pattern, here is the projected trajectory for NIFTY:
1️⃣ Bounce from 25,220
2️⃣ Reverse at 25,650
3️⃣ Slide to 24,700
4️⃣ Dead cat bounce to 25,000
5️⃣ Final capitulation to 24,300
The new bull run begins only after the 24,300 reset. Stay patient. 🧘♂️📉 #Nifty50 #StockMarketIndia #TechnicalAnalysis
@DeepakSweeGlu Time to stay out of markets till we make the final bottom .Short tem bounces can be played with the strongest sector i.e metals.Hindzinc is my bet