This analyst made a pretty bold claim to the news media last week. After reading the article, I thought he was risking his words.
Now, I’m feeling like he might just be the one who ends up laughing last.
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I don’t know about 19000 levels, but charts are indicating something too. Check out Nifty chart on Monthly timeframe with just the RSI indicator. There’s a double top with huge negative RSI divergence. Similar pattern can also be seen on Weekly chart of Nasdaq.
yes gaps are there but many take ages to fill sometimes even decades.
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I wish we could ask him. But he has deleted his account. May be he is here with a different username. 
Minimum years we need to call it decades is 20. So can it take that long as well. ? This is same as giving nifty target of 1lakh.
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19k isn’t too far. It’s just 1 to 2 circuits in NIFTY. And it wouldn’t take much money to move it in that direction, if we have a coordinated effort from FII/big players like Goldmann or JPM.
how nifty will go up FII shot 83% last 2 year they are maintaing 80% + short -
if nifty touch 26k nifty will fall severely
Most of the fii are telling in CNBC fair value for nifty is 21k
We will take it up. 
Does this is diis shrt squeezing against fiis unknowingly like gamestop?
You don’t just lose 10% of your purchasing power each year, FIIs also gain extra 10% of their purchasing power. Their power is also set to increase every year, which means less and lesser cost every year is required for them to move the index - pump and dump.
So what’s the alternative that you have other than equity which will not kill my purchasing power?
I’m talking about new income. The income that’ll be used to “absorb all FII selling”. Unless investment grows atleast at the level of INR depreciation, DIIs don’t/won’t have the same power as FIIs.
Well, my target for Nifty is 42.5k+ in the next five years. This orange orangutan speaks lies, but his last two attempts to move the dow were successful.
Regarding whether it can move that lowmaybe its possible, maybe not. if it could move from 6k to 2k in just 300 days 2007-08 anything is possible in the market (is what i believe). anyways
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rsi is a lagging indicator… most of them are. thats how they make money, i sell when rsi goes below 30 lol and i have a greater chance.
It will grow much more than that. 
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If retail smells blood, they’ll stay far away and DII funds will dry up very fast.
This is the fear I like to buy. Only when such fear is there we get chance to buy at lower prices.
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Bottom fishing is risky though. Rock bottom may have a secret basement.
With risk comes returns. Otherwise I would buy government bonds.
Oh wait. You think even government bonds are risky.
May be I should consider bitcoin. 
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Maybe you should. It is more than 10% down from what “someone else paid”.
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