Bearish

After a global sell off indian market is weaking but wait here is a catch dispite of global market sell off indian market is still strong as it falled less than anyother countries exchange. Probably you might be thinking what next?

thats why i am here everyone's portfolio is just lingering on fear as per greed and fear index market is still in greedy mode, one reason could be that retailers might be thinking taht "ab to upper jaiga hii". They think they outsmart the maket but market thinks 10 times ahead of majority.

Now let's come to the chart, as you can see a yellow trend line i have drawn on the chart and don't even thinkn that is an ordinary trendline as that trendline is originated from 2020 crash and market is still following plus at the top of banknifty tehre is no traces yet that it will brealk taht line sooner although its become weak but its validity is still on cards.

so the conclusion is market could still go 2000 point down as per current senario if FED does not intervine.

keep you money in vaults "BULATI HAI MAGAR JANE KA NII"

FOR one more interesting data point keep following that will blow your mind.