INDY/EEM relative strength chart is reaching its all time high since the introduction of INDY ETF in Nov' 2009.
Background info: INDY is the Nifty 50 ETF trading on NASDAQ which mimics the Nifty 50 index.
EEM is the MSCI Emerging Markets ETF which invests funds in emerging markets such as China, India, Hong Kong, South Korea, South-east Asia etc.
INDY has been...
Today, NSE:NIFTY1! technically hit an ATH of 16,546.50, nearly 5% more than the opening price. Why did this happen? What's the reason? And how do buyers and sellers work?
Basically, buying increases prices. As long as buying is strong, prices will increase. As soon as sellers start taking control from buyers, price will first slow down then stop going up and...
