Lovely Descending Channel on Nifty 50 Short

Nifty 50 IndexNSE

Description

⋅ Jun 21, 2022 6:09 AM

Descending Channel on Nifty 50 at a rate of ~14% p.a. Is it reflecting real GDP contraction along with decrease in money supply?

Comments

AIRock_07

⋅ Jun 21, 2022 6:09 AM

Wonder if it can take out the high at 16824 and trigger stops