NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Is this Bull Market Rally..?
Definitely a big NO!!
Series of Lower Highs and Lower Lows.
DCB above 18097 will be the first sign for start of real Bull Market.
Failing to do so, we may see another swing Lower Low.
Comment:
#SGXNIFTY TREND ANALYSIS WITH #LINECHART
Question: Is this #BullMarket Rally..?
Answer: Definitely A BIG NO!!
Reason: Series of #LowerHighs and #LowerLows.
Current Trend: #Bearish.
Recent Rally: #BearMarket Rally.

📍DCB & sustain above 18097 will be the first sign of #TrendReversal.
📍Failing to do so, we may see another #LowerLow in current #BearMarket.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.