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What is comfortable is rarely profitable.

Updated: Jul 11, 2021

Did another country adopt bitcoin this morning?

Good morning fam. I hope each and everyone of you has a wonderful day. Quite a pivotal week on Banknifty. Reliance expects to formalise Aramco partnership this year. Vix continues to compress onto lower levels. A broad range of 35300/34200 created on Banknifty in the past week may soon switch to an expansion phase.

Here is something I have been looking out on and may turn out to be helpful for you as well.

A historic pattern seems to be falling in place here. Have highlighted this in the past as well. The index can set out an interesting month ahead. While the Nifty has hit new highs, the Bank Nifty is still quite a fair distance from its last peak of 37,700.