Yes!!!
Nifty has been trading inside the bearish range for the past 1 year giving nearly 0% return(from aug 24 to aug 25).At the same time, technically its been forming a Rounding Bottom and right now, pattern is at the crucial level.
If it breaks above as per pattern , it can be a volatile move...upwards!!!
Nothing much more to explain...just noticed the pattern and posted it...
Most of the traders are at the fearful stage on the Indian markets!!!(as most know on INDIA -US bitter relation after tariff, over valuation).
This scenario getting my mind through Warren buffet's famous quote below,
Be Greedy when others are Fearful!!!
Let's wait and watch!!
Just my view ...not a tip nor advice!!!!
Thank you!!!
Nifty has been trading inside the bearish range for the past 1 year giving nearly 0% return(from aug 24 to aug 25).At the same time, technically its been forming a Rounding Bottom and right now, pattern is at the crucial level.
If it breaks above as per pattern , it can be a volatile move...upwards!!!
Nothing much more to explain...just noticed the pattern and posted it...
Most of the traders are at the fearful stage on the Indian markets!!!(as most know on INDIA -US bitter relation after tariff, over valuation).
This scenario getting my mind through Warren buffet's famous quote below,
Be Greedy when others are Fearful!!!
Let's wait and watch!!
Just my view ...not a tip nor advice!!!!
Thank you!!!
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。