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NIFTY_TOTAL/NIFTY changes weekly trend first time since 2023
N
Nifty Total Market Index
Short
NIFTY_TOTAL/NIFTY changes weekly trend first time since 2023
By xTako
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Sep 28
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Sep 28
In Jan 2023, NIFTY_TOTAL started outperforming Nifty
Pulled up repeatedly despite election uncertainty, FIIs pulling out and many FADs
Finally, in the last week of Sep 2024, this has closed under the WBBB
Almost a 2 year trend has come to a close
What this means, will be known in a few weeks, if not sooner.
Do you know what this means? What happened to NIFTY last time this occurred?
Sep 28
Comment
- The top was recorded in Jun.
- Q3 completed in distribution.
Supply and Demand
Support and Resistance
xTako
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