Nifty 50 IndexShort
Bump-and-Run Reversal Tops
A bump-and-run reversal with a pointed-looking first bump, seen in Nifty
Example from US market : Many semiconductor stocks showed similar price patterns in late 1995, setting the stage for an industry-wide downturn. The ultimate low reached in mid-January 1996 comes after a decline of nearly 70%.
Lets see if this bearish pattern follows.. or will Market goes up..
Example from US market : Many semiconductor stocks showed similar price patterns in late 1995, setting the stage for an industry-wide downturn. The ultimate low reached in mid-January 1996 comes after a decline of nearly 70%.
Lets see if this bearish pattern follows.. or will Market goes up..
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