Nifty : Overbought & Stretched !!

NSE:NIFTY   Nifty 50指數
306 0
The Nifty has made 16% rally in last 3 months without showing a major correction similar to what DAX & SPX500 have been doing !!

But a similar pattern has emerged -- A spurt to higher side after consolidation and then a correction !!

On the other hand, SPX500 seems to be in correction mode ( Wave 4 ) whereas Nifty is in Wave 5 !!
DXY is about to make a U-turn within a week or so by touching a low of 98.70 ( correction wave 4 )!!

None of the signal is clear -- Nifty is heading higher without a correction -- FII's are in buy mode -- SPX500 looks in correction mode -- And dollar index is just preparing for a final home run !!

Will Buy Nifty once it corrects to meaningful levels of 8550 for levels of 9300 to 9500 !!
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 價格 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表解決方案 尋求幫助 功能請求 部落格 & 新聞 常見問題 維基 推特
概述 個人資料設定 賬戶和賬單 尋求幫助 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出