Here is Nifty50 last 10years chart.
In last 10 years Nifty made 4 consecutive monthly Red candles four times. And after that we saw a good upward move.
Nov 2015 - Feb 2016. 13.3% fall. 18.6% gain in next 4months.
Sept 2016 - Dec 2016. 6.9% fall. 13.6% gain in next 4months.
Dec 2022 - Mar 2023. 8.3% fall. 13.7% gain in next 4 months.
Oct 2024 - Jan 2025. 8.9% fall. ?
Based on historical data, I expect an upward move from here. Let's see what happens in the next four months — Will history repeat itself, or will a new history be made?
If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
PS: Pardon me if there’s a slight variation of 0.10% or 0.20%, but overall, it provides valuable insight!
In last 10 years Nifty made 4 consecutive monthly Red candles four times. And after that we saw a good upward move.
Nov 2015 - Feb 2016. 13.3% fall. 18.6% gain in next 4months.
Sept 2016 - Dec 2016. 6.9% fall. 13.6% gain in next 4months.
Dec 2022 - Mar 2023. 8.3% fall. 13.7% gain in next 4 months.
Oct 2024 - Jan 2025. 8.9% fall. ?
Based on historical data, I expect an upward move from here. Let's see what happens in the next four months — Will history repeat itself, or will a new history be made?
If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
PS: Pardon me if there’s a slight variation of 0.10% or 0.20%, but overall, it provides valuable insight!
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.