Is the NIFTY Bear Rally ending?
The lines of MFI drawn here are from .... 2015
Yes, thats right, thats how long these things showcase patterns for. Go ahead try it out, its insanely accurate.
This bear Market semi rally should end at 16400 before reversing to 15600. It's enables it to hit the trendline, as well as fulfull MFI (and RSI key levels not shown here)
EASY TRADES
Short NIFTY when MFI >75 AND RSI >65
EXIT when MFI < 30 and RSI < 35
Simple, elegant, and works in all sideways markets.
2 min Homework : Put RSI(14) and MFI(14) on NIFTY and check 2018, 2015, and 2022 charts (non rally years)
Yes, thats right, thats how long these things showcase patterns for. Go ahead try it out, its insanely accurate.
This bear Market semi rally should end at 16400 before reversing to 15600. It's enables it to hit the trendline, as well as fulfull MFI (and RSI key levels not shown here)
EASY TRADES
Short NIFTY when MFI >75 AND RSI >65
EXIT when MFI < 30 and RSI < 35
Simple, elegant, and works in all sideways markets.
2 min Homework : Put RSI(14) and MFI(14) on NIFTY and check 2018, 2015, and 2022 charts (non rally years)
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