Dollar Index (DXY) is continuously taking Support at 92.00 levels in November and Nifty has consolidated around 12,800-13,000 during the same period.
It is the same levels from where DXY attracted investment and resulted in sharp correction in Nifty during September.
Just keep an eye out for DXY to retrace for shorting Nifty or to close below 91.70 to go long in Nifty.
It is the same levels from where DXY attracted investment and resulted in sharp correction in Nifty during September.
Just keep an eye out for DXY to retrace for shorting Nifty or to close below 91.70 to go long in Nifty.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.