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Seasonality

Interesting Period Observation in Nifty movement going forward* I personally don't give too much attention on moon-phase for price-action * BUT One very interesting observation I have. Just use a simple prediction where the Nifty can go from there. A couple of observations: The dotted line is the prediction based on the last 50 days similarity pattern of the price action. Its going up for 14 days (1 moon period), then down to another 14 days and then again up for 28 days! And the movement is perfectly inline with Elliot Wave 1-2-3-4-5 impulsive price pattern. Just an observation, not a recomendation.
NSE:NIFTYLong
by pradipandsuvra
3
NIFTY heading towards important SUPPORTAs we can see NIFTY got rejected from important level of 16800-16900 which previously acted as a strong support which now is acting as an important RESISTANCE and now we can see nifty heading towards important support after getting rejected. As nifty just brokeout of an inverted head and shoulders pattern and there is a possible chance that the neckline of this inverted head and shoulders pattern could act as an important support which is around 16400 and hence any buying pressure seen around these levels, we can make new buying positions accordingly
NSE:NIFTY
by Wealthcam
Rising bond yields are dollar bearishThe number of classic relationships that I have to debunk just to be on the right side and convince the world is just overboard. And the charts are as straightforward as they can be. So here goes stupidity. Rising bond yields are not dollar bullish, at least not in the time frame of this chart. So when bond yields rise then the dollar actually falls. Yes naturally if I sell US bonds and take my money out of the US, the dollar should fall, right? They why do you expect the opposite? Because some overnight Journo on Bloomberg says so? Or because you were taught this in economics class? Interest rate parity in your Forex lecture. Then you find it very hard to accept or explain the chart below. Or maybe you find periods in the chart when the two are directly correlated to make your point. The answer is simple it is a risk on trade till it is not. The day falling stocks cause bond yields to decline, the dollar will rise and it is time to take risk off the table by reducing your market exposure. Till that happens it is all noise. Weak hands get cleaned out this way. Bond yields started to breakout higher above the 2021 high recently and the dollar fell. This is good for risk assets, unless we see that trend clearly change I do not see a reason to be concerned about incremental changes in bond yields.
TVC:US10Y
by indiacharts
1