nifty adjusted for inflation comparision with Gold INR in Grams
Since 1990 if we compare the Nifty (adjusted with inflation) with the gold price per gram in INR we see a clear overbought zone above 4 and a clear oversold zone near 2. unfortunately charts show a mark of 4 on the charts. so beware boys.
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.