According to a research note from Bank of America Securities, it has taken 1,100 trading days on average to regain the territory lost during a bear market. There are 252 trading days in a year, so that means the average time to get back to where we were is 4.4 years.
Nifty a trade call but just a perspective
https://www.tradingview.com/x/l5Yhx8kz/
Their is one bullish fractal also in play so short trade will come into play only if this structure is respected.
https://www.tradingview.com/x/l5Yhx8kz/
Their is one bullish fractal also in play so short trade will come into play only if this structure is respected.
i will share few more calls for you guys during the weekend stay tuned and if you want to join our TAcharts club then dm me>
Nifty todays move looks v similar to DJI lat move, it opened gap down and the recovered the some grounds to trap late shorters
we are in wave 4 and its more of a suckers rally which trap more traders, my target for wave 4 is around 9600 and i will look to short Nifty close to those levels in next 10-15 days.
We are developing an algobased signal platform coinagetimes.com and are currently sharing signals for crypto and DJi.
Soon we will be supporting Indian Index too.
Keep watching this space for more updates.
Soon we will be supporting Indian Index too.
Keep watching this space for more updates.
Nifty Trade in the direction of breakout.
Market is up more coz of reliance then anything else, so take the trade cautiously
Market is up more coz of reliance then anything else, so take the trade cautiously