This chart is a ratio of nifty/dax ( german markets )
after covid crash nifty/dax has been in an upward channel and is respecting the channel .
we can witness a crash in sep-oct/22 .
THIS CHART SHOWS HOW NIFTY HAS PREFORMED AS COMPARED TO SPX (US MARKETS )
use monthly timeframe
THIS IS A RATIO CHART OF NIFTY AND S&P 500 OF US MARKETS .
It shows how nifty has outperformed spx ( us markets ) during past time and as an when te ratio hits 4.4-4.6 levels we have witnessed a crash.
similar situation is arising as of now .
in simple terms...
