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 are at the retracement level of 0.38 to 0.40 which means we are way behind global markets. so what does it...
Most of the day traders do look at DOW before taking positions in NIFTY
DOW seems to be hitting a resistance zone and may fall from there. would it fall and would this lead to NIFTY further slide, we will see in coming days