Nifty 50 IndexShort
3 Black Crows In NIFTY On Monthly Time Frame
If Nifty March Give Closing Below 17255 ( Spot ) Then With SL Of Monthly Close Above 18135( Spot ) I'm Calling A Big Recession.
The same chart pattern formed in Dec 1994 and that time high of Nov 1994 broken in July 1999.
it means that time market went into weakness for 4 Years and 8 Months.
This time situation is extremely worse. My expectation is if 3 Black Crows activate then we might fall 40-50% in coming months & years.
The same chart pattern formed in Dec 1994 and that time high of Nov 1994 broken in July 1999.
it means that time market went into weakness for 4 Years and 8 Months.
This time situation is extremely worse. My expectation is if 3 Black Crows activate then we might fall 40-50% in coming months & years.
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.