CNX500 Relative Strength
Attached: Nifty 500/ Nifty 50 Daily Chart as of 21st March 2023
- I am watching this Ratio Chart to turn down after Retesting a Confluence Zone
- Its looking Bearish currently post a Rising Wedge breakdown and Three Black Crows candlestick pattern
- It signals Weakness in the Broad Market relative to the Index.
- This Chart had Topped...
*** History Has the Answer - In my past ideas I have discussed the importance of 11035-11100 zone -specifically the idea- "Demand & Destiny Zone"
As suggested in last video idea - we shall buy above 11000 - trade got executed & time has come that you should be careful for following reasons next -
RBI policy decision on 7th Feb 2019
Market Breadth is...