Nifty / Gold nearing resistance

٨ نوفمبر ٢٠٢١

I keep track of this chart to see if Nifty is over valued or not.
Nifty/Gold gives fair value of Nifty in terms of gold. There is good trendline which it has been honoring as resistance.

We are seeing selling pressure at the same levels.

١٦ نوفمبر ٢٠٢١

ملاحظة

Follow through daily H&S . . .

١ أكتوبر ٢٠٢٢

ملاحظة

We are back to same trend line...!

Break above 10.7 can be a game changer for nifty...