Nifty 50 IndexShort
NIFTY - Analysis
NIFTY - Analysis
"When the US sneezes, the world catches a cold"
Such will be the fate of Indian Indices.
We will typically follow the US sell off, however, when the recovery starts, NIFTY will make a fresh ATH, up till 19200 levels.
As of now, investors should maintain 2 "Buy on dips" levels -
1. 17193
2. 16793
Traders should follow a "Sell on rise" strategy.
The encircled gaps might get filled, incase USD/INR slips further.
"When the US sneezes, the world catches a cold"
Such will be the fate of Indian Indices.
We will typically follow the US sell off, however, when the recovery starts, NIFTY will make a fresh ATH, up till 19200 levels.
As of now, investors should maintain 2 "Buy on dips" levels -
1. 17193
2. 16793
Traders should follow a "Sell on rise" strategy.
The encircled gaps might get filled, incase USD/INR slips further.
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.