RISING WEDGE ON NIFTY50, BEWARE INDIAN INVESTORS

28 ביולי 2019

as can be seen clearly here , Nifty 50 is reaching the apex of rising wedge on 1 month chart ...any bounce from here - i think upto 10600-10800 is a lifetime shorting opportunity ,THE BIG SHORT (movie) kind of .. i will be playing my gamble of lifetime here .. expecting it to start declining earlier then US market... i assume indian indexes will fall more quickly & severely then western indicies , starting mid august 2019 .

i really scared for many retailers, innocent buyers , who had bought loads of mutual funds...
i will be the buyer of real estate & gold in indian market.