I shorted Nifty 50 owing to weak global cues that overall markets closed in red and plunged hoping nifty may touch 17980
On a weekly chart, for context, you will see how much Nifty has risen since 2018. Here with changing interest rate and economic recovery conditions around the globe, Nifty wants to cool off. Nifty just broke support trend (white line), and I have marked three lower support levels (dashed lines). Also RSI is below 50 again. If it gets below 33.33 that is a...
Developed countries and under developed countries should form a stock exchange . All corporates should be under one roof . A global currency should be followed later . Stock Markets it knowledge of trading should be taught from school level . All the Expenses on defence should be diverted in development for mankind . Global stock exchange can very easily catalyse...
Nifty has shown a clear cut breakout on charts. comparing it with Dow, Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we ( Nifty ) are at the retracement level of...