Historically whenever VIX has been low as marked by the level shown in the chart, BankNifty has gone for a correction. Will history repeat itself?
I have been tracking Nifty since months, to exploit investment opportunity. It is always better to invest (in the market) after a correction. You get competitive prices which results in potentially more upside (returns). The indicator ploted here is Bollinger bands in weekly time frame. You may see that every time Nifty hit lower Bollinger bands, eventually it...
Namaste! Waiting for a retracement is always a best thing that provide very good investing/trading opportunities. It significantly affect ROI (Return on Investment) percentage. Please read following points, to get idea what I am talking about. 1. If you can see in the previous weekly candles and overall chart, the market moved higher (since Nov 2020) but with...
Hey , Monthly chart of nifty that can lead to 10-12% correction. In this analysis I have shared some data with you all in which we can see some correction in nifty Bull run is still on but now its time to book some profit and raise cash for buying in lower range .