M@yur
nifty monthly chart aprl 07 to date
correlate with dollar index chart posted below.this is regards to my previous post
1:01 pm (24 minutes ago)
Hitesh
GOOD ANALYSIS
APPRECIABLE.
BUT ONE INDICATOR IS NEVER A CRYSTAL BALL AND ACTING ALONE ON IT IS SUICIDAL.
DOLLAR INDEX WHEN FALLS WITH YEN'S STRENGTH AND WHEN IT FALLS WITH YEN WEAKNESS AGAINST DOLLAR AND VICE VERSA.
IN ALL 4 SITUATIONS,STOCKS REACTION IS DIFFERENT.
AND IN JULY 2008,DOLLAR INDEX WAS NEAR ITS ALL TIME LOWS AND NIFTY WAS 3900.
SO,ITS NOT A CRYSTAL BALL INDICATOR.ACTUALLY THERE'S NO CRYSTAL BALL.EVEN LIQUIDITY FLOWS ARE NOT GUARANTEED AND HIGHEST INFLOWS ARE CONTRARIAN INDICATORS AND ARE USED AS BEST SHORTING INDICATORS.
OCTOBER 2007 AND MAY 2009 ARE HIGHEST INFLOW INDICARTORS FOR WHOLE WORLD INCLUDING U.S STOCKS.
BUT ONE INDICATOR IS NEVER A CRYSTAL BALL AND ACTING ALONE ON IT IS SUICIDAL.
DOLLAR INDEX WHEN FALLS WITH YEN'S STRENGTH AND WHEN IT FALLS WITH YEN WEAKNESS AGAINST DOLLAR AND VICE VERSA.
IN ALL 4 SITUATIONS,STOCKS REACTION IS DIFFERENT.
AND IN JULY 2008,DOLLAR INDEX WAS NEAR ITS ALL TIME LOWS AND NIFTY WAS 3900.
SO,ITS NOT A CRYSTAL BALL INDICATOR.ACTUALLY THERE'S NO CRYSTAL BALL.EVEN LIQUIDITY FLOWS ARE NOT GUARANTEED AND HIGHEST INFLOWS ARE CONTRARIAN INDICATORS AND ARE USED AS BEST SHORTING INDICATORS.
OCTOBER 2007 AND MAY 2009 ARE HIGHEST INFLOW INDICARTORS FOR WHOLE WORLD INCLUDING U.S STOCKS.
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