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yndesai
Mar 5, 2023 2:30 PM

Nfty Buy in march sell in april Long

Nifty 50 IndexNSE

Description

As per last 10 yrs history

Strategy of buying in march and selling in April would have worked 7 times. All these cases have occurred when nifty is close/below to monthly 20MA.

While not worked on 2 times. (though in one case may did give good return)

7:2 is very high probability . . .

Will this march low create good rally till may?

Comment

Likely to see a good bullish rally for 1~2 weeks into april.. hope march buying is done.

Comment

It's S Doji...!

A significant doji is formed at monthly 20MA...

big fall from here is unlikely... Might spend some time at this level

Comment

What and April close.!
Comments
SWAVI3103
sir any latest view on nifty and banknifty as try to stretch on upside but failing as 4th of 5 in weekly..pls guide
yndesai
@SWAVI3103,
Going by nifty behavior, once it takes support at monthly 20ma it usually have 4months to 13 months of bullish phase. It is safe to assume that till end July we are likely to see strong nifty. How strong is not known.
yndesai
Another blue tick...
rajesh51975
Next is Bigger GEO POLITICALLY of market till MAY 2023.
AMIT-RAJAN
Super liked sir really useful information you are giving on the basis of trend it will help in coming years too
yndesai
@AMIT-RAJAN, there are some key annual events where we can study these. March being indian financial year closing it is important same is case with dec as it is financial closing for Fiis in their home countries.
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