- Nifty's Recent Performance:
- Nifty has shown a strong upward trend since September 1st, 20220.
- Anticipating a Pause:
- Expecting a Brief Pullback: There's a possibility of a small pullback or consolidation in the near term.
- ATR-Based Signals: Historically, this pullback coincides with signals from my custom ATR-based study.
- Looking at the Numbers:
- 50% Pullback Expected: Anticipating a 50% retracement from recent gains.
- Buying Opportunity: Consider looking to buy around the 21-day Moving Average after the anticipated small pullback.
This analysis suggests that Nifty's impressive run might take a breather, offering a potential buying opportunity after a short-term pullback.
- Nifty has shown a strong upward trend since September 1st, 20220.
- Anticipating a Pause:
- Expecting a Brief Pullback: There's a possibility of a small pullback or consolidation in the near term.
- ATR-Based Signals: Historically, this pullback coincides with signals from my custom ATR-based study.
- Looking at the Numbers:
- 50% Pullback Expected: Anticipating a 50% retracement from recent gains.
- Buying Opportunity: Consider looking to buy around the 21-day Moving Average after the anticipated small pullback.
This analysis suggests that Nifty's impressive run might take a breather, offering a potential buying opportunity after a short-term pullback.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.