NIFTY / Dollar index is a good way to gauge the co-relation between how Indian equities will do as and when the dollar moves.
A lot of fundamental news on the dollar this year, both bullish and bearish, however the chart is signaling a NIFTY breakoff against the might USD.
The last time it did in 2017 after a sharp sell off, we printed new ATH within a year.
NIFTY is "mega" bullish ATM.
Don't bet against India in 2021.
A lot of fundamental news on the dollar this year, both bullish and bearish, however the chart is signaling a NIFTY breakoff against the might USD.
The last time it did in 2017 after a sharp sell off, we printed new ATH within a year.
NIFTY is "mega" bullish ATM.
Don't bet against India in 2021.
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NIFTY TO 18000 by DiwaliDisclaimer
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.
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.