Nifty500 Analysis: Current state of the market & what to expect.

Aug 24

Nifty500 is mainly used for analysing the Market breadth.

• We look at the various phases of the market: Bullish, Bearish & Sideways,
  
• We can understand how the Momentum charts give an early warning / indicator for a particular phase in the market.
  
• Presently, the market has given a signal that the current Bullish phase is going to get weaker, but we are not yet Bearish.
  
• The Bullishness is going to continue, but in a stock specific manner only.
  
• I'm expecting a sideways market with a slight upward slope.
  

Thanks for tuning in.