Nifty Trading below 200 Day MA more then 8 month
ytd is down 9 % nifty , its almost in the history now
No Govt Support for nifty - mental trump is another idiot in this fiasco
DEC may be its end in 23500
Nifty Trading below 200 Day MA more then 8 month
ytd is down 9 % nifty , its almost in the history now
No Govt Support for nifty - mental trump is another idiot in this fiasco
DEC may be its end in 23500
Thank you for your support. ![]()
Lol! I could literally feel the frustration in those sentences.
Just wait and watch. Nifty may be forming a bottom here and could shoot up in the coming days. This could turn out to be a fake breakdown.
Let’s see, what happens
India GDP growth in upward
indian stock market in downward
india vix is down
something not good
Shooting up is not possible now.
Look at Smallcap index - Weekly chart, it will be clear.
I may be wrong but still I have a strong conviction that Nifty will shoot up. Let’s wait and watch.
It wont bro.
Conviction is based on what btw?

DIIs have now completed 37 consecutive months of net buying the longest streak in India’s market history. They have remained net buyers since August 2023, providing a strong and consistent domestic support to equities.
Hopefully a upward move ![]()
With all the geopolitical tension and negative market sentiment, I could be wrong, but maybe big players push fear, buy the lows, and ride the market back up.
Just my take though I could be completely wrong.
There are many reasons why I am bearish but I already gave simplest reason above - Smallcap index is too high.
You mentioned “shooting up”, for that to happen smallcap should give decent correction first.
Can Nifty bounce? Yes definitely. But no shooting up.
Can’t the smallcap correction and largecap rally conincide? FIIs could see higher relative value in largecap. ![]()
That was my thinking in Aug last week. I was actually expecting Nifty to go to 25000+ for one final rally, meanwhile Smallcap keeps sideways.
But after watching Nifty weakness, HDFC breaking major support of 720, and few other things, I ruled that out and became full bear on 27th Aug.
Every technical analyst is tracking this trendline support on Nifty in last few months.
It broke for the first time on 31st Aug (or 1st Sep).
But I turned bearish on 27th Aug, even before this signal happened. So this signal also re-confirms my analysis.
Today also down , all ADR are down 4 to 5% negative
Nifty PE is currently 20 now
RSi below 30
2026 yearly closing will be red, that is already 95% confirmed.
Only Question is how much red lol
A crash to fair value(below 21k) is good for the economy. It brings changes in policy. Govt won’t do anything unless it’s ass is on fire. Bigger the crash, substantial the changes. It’s good for the bulls too - they can average down.