Nifty 50 - Bullish Outlook following 5 Consecutive Down Weeks
The Nifty 50 Index (NSE) has fallen for the 5th consecutive week. Over the past 20-years, a weekly losing streak of this length has been observed 12 times. Similar weekly pullbacks have usually resolved to the upside looking forward 7-weeks, delivering an average gain of 5.1% with a win rate of 10 from 12 events.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.