NIFTY monthly chart analysis - 7000-6100 coming soon

Mar 13, 2020

The crash in Nifty can now take it towards 7000-6100

Mar 14, 2020

Note

Sorry for the typo. Its 6300 and NOT 6100

Mar 15, 2020

Note

Entire countries are shutting down en masse, and people are hesitant to call it a “recession?”

The only possible explanation is that it is the most violent recession we’ve ever seen, and people are too stunned to realize it.

- twitter.com/Wealth_Theory

Mar 15, 2020

Note

This monthly chart anlsysis is in congruence with my weekly chart analysis with a parallel channel.

Mar 15, 2020

Note

The pirchfork shared in the above analysis is a "modified Schiff" pitchfork. Hence the angle of median is slightly more bullish.

Here is another possibility with "Schiff" pitchfork which shows a bigger downside in the range of 4000-4600