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
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
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%)
If closes below 23527 (i.e breaking the neckline), then sell, with SL: 26769, Target: 20285
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.