WVS_Stockscreen

Indian NIFTY stock index, potential capitulation today

WVS_Stockscreen Atualizado   
NSE:NIFTY   Índice Nifty 50
Today saw a potential capitulation low in the Indian NIFTY stock index, marking the end of an 8 week sell off falling 30% from January highs. Today's reversal keeps the trend up longer term with prices within the long term channel from the 2008-09 lows (today also marked 38% retrace of the bull market from 2009-09).
Comentário:
I must apologise - I missed THE LOW in the NIFTY by 1 week.
The Index has subsequently risen 150%.
I'm therefore not that sorry.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.