ridethepig

is everything rainbows, roses, and unicorns for India?

NSE:NIFTY   니프티 50 인덱스
The great mobility of capital in India has been known for some time.

In the endgame however, valuations becoming overstretched, although a mere extra, is one of the principal actors. So we must consider unicorns to be developed as as necessary step in this battlefront and it is no surprises from a timing perspective.

So we have the following charts: Nifty slowly approached the 12,000 level, and when arrived it brought together all kinds of unloading, more than enough for a hearty breakfast.


Once more we consulted, this time with the price at 8,500, and this picture was intended to convey how after the penetration, we should typically look for a slingshot towards the highs in a 5th wave.


Here we now have the proper moment to get into contact with the corrective swing. I am looking for an August/September temporary high that could last into Q1 2022, and so we can become a bit more enterprising with the next moves.

Here eyeballing a correction from current levels, 16,500, towards the 12,500 support over the coming months and quarters. This is demonstrating profit taking as the big beasts and sharks book gains for the year, and bringing your portfolio to safety rather than anything else.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.