Description
⋅ NIFTY / Dollar index is a good way to gauge the co-relation between how Indian equities will do as and when the dollar moves.
A lot of fundamental news on the dollar this year, both bullish and bearish, however the chart is signaling a NIFTY breakoff against the might USD.
The last time it did in 2017 after a sharp sell off, we printed new ATH within a year.
NIFTY is "mega" bullish ATM.
Don't bet against India in 2021.
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NIFTY BREAKS ATH IN DEC 2020 AS PREDICTEDTrade active
⋅ NIFTY TO 18000 by Diwali
Comment
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⋅ NIFTY - crossed 15000 & 16000 since the start of this thread. Now off to 17k and 18k