Demark Indicator Prediction for Nifty

2022년 4월 21일

Highest drop is 659 Points in the Downtrend Trend. If a retracement or Uptrend starts then once 2nd Candle crosses the Downtrend Trend Line then from that point a possible upmove of 659 Points is possible based on Demark IIndicator

2022년 4월 22일

노트

2nd Green Candle that breaches the Downtrend (Nifty at 17284). It's an interesting thing to now observe now in the future because the Downtrend was broken but the following day it again broke the Uptrend and came back below the Downtrend line. According to Demark's Indicator, Nifty should have gone up at least by 552 Points to reach 17836 within the next few days.