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RK_Charts
Nov 30, 2022 4:32 PM

Correlations between Nifty and DXY study Education

Nifty 50 IndexNSE

Description

Hello Friends, here we had shared just an observation on correlation between NIFTY and DXY which are clearly showing opposite directional runs from last couple of months, also we are assuming the wave counts on both, which are suggesting same patterns ahead along with good support by this correlation, this increases good chances of winning probabilities of our forecasting and analysis, this whole scenario helps in view building and analyzing charts.
I'll mention that this is for educational purpose only, and this is not for trading purpose. Thanks

Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!


Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Comments
johntradingwick
This publication has been chosen for the Editor's Picks and will be featured on in.tradingview.com/ideas/editors-picks/.

Thank you for your valuable contribution to the Tradingview community and keep up the good work!
RK_Charts
@johntradingwick Thank you so much 🙏💕
milpat11
What an analysis sir !!! excellent..
RK_Charts
@milpat11 Thank you so much 💕
dlbadgujar
current wave prediction before four months back ..
SanathPalani
Good one 👍🏾
RK_Charts
@SanathPalani Thank you
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