LONGER TERM NIFTY CHART GENERATED SELL SIGNAL

We have been following a simple “Trendfollowing” chart & following are the result for last 16 year..

This month end Nifty has generated sell signal on monthly Chart

Point

  1. The analysis is Self Explanatory
  2. Most of the money has been made in Buy
  3. Most of the  failed calls are in Sell
  4. Since basic nature of market is long only , whenever there is a sell its very sharp and also bouce back is also very sharp. Thats the reason sell calls are not profit making
  5. Will comeout with detailed analysis shortly

Concept of Trendfollowing  – www.trendfollowing.com

 

Click here for reuse options!
Copyright 2016 einfoMet
Tweet about this on Twitter





Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

Follow

Get every new post delivered to your Inbox

Join other followers: