Bitcoin has had a huge move from the lows.It has hit 18900 levels in 2017 and then crashed to 3190 levels in 2018. From there it has bounced to almost 13000. See the weekly chart of Bitcoin. It is above…
Bitcoin Trend Analysis
Month: October 2020
Nifty and Dollar Index – Inversely correlated
Money rotates among different assets. We have discussed this theme in the past. When money moves out of equities it has to move to some other asset class. Gold, Currency, Bonds, Commodities are various assets. Let us see the correlation…
Nifty Bullish
Nifty has been having some big swings. It fell from 11800 to 10800 in September and from that low it rallied to 12000. Last week it fell and tested 11600 levels. So what is the view going forward? See the…
Gold ready for the next swing up!
After a pullback, Gold is set to resume its uptrend. See the chart below. The overall trend has been bullish with 50 day moving average above the 200 day moving average. It has broken the falling trendline from its August…
Small & Midcaps Underperforming Nifty in the Short Term
Small & Midcaps in India have had a bear phase since Jan 2018. See the chart below. The Smallcap 100 index has fallen from 9600 odd levels in Jan 2018 to almost 3100 in March 2020. Last 10 days Nifty…
Read More Small & Midcaps Underperforming Nifty in the Short Term
