Dow Jones is comfortable above 26000 which was a key level. The was gap up has happened in the last session is the indication of strength. It is now above 50 EMA which is another sign of strength. With RSI above 52, we are in bull phase as of now. Next resistance expected around 26700.
After Dow Jones Fell 800pts after recession warning in American markets when the 10yr yield curve falls below 2 year yield curve, Nifty might also show some good downfall movements as some parts of Indian Economy is governed by the American Markets, These are the key levels of NIFTY that you should watch for, NIFTY50 UPPER B reakout is placed at 11080 followed by...
We can see a reversal in the DJI:index as of today MARKET HARDLY MANAGED TO BEAT THE RED CLOSING Major market benchmarks mostly drifted sideways on low volume Monday, with investors looking forward to trade talks at the G-20 meeting later this week.
We can see a possible revarsal as of chart is indiating the reversal from the current level 70-50+pts up normal...
Dow Jones, NYSE, US
Given Breakdown of Bearish Head & Shoulders Pattern
Friday Given Fall of -354 Points (-1.41%)
Expecting Reversal From Next Support Zone: 24244-24737 Spot levels
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With over a month gone by in 2019, we look in to the performance of Nifty and Bank Nifty against some of the World's major indices namely
- Dow Jones
- Germany Dax
- China &
...over different time horizons
In the above chart we see Year to date performance of our market which is in the negative (NiftY -0.15% & Bank Nifty -1.12%)