Mean Reversion in Nifty

٢٠ أكتوبر ٢٠١٩

Usually in the past, Nifty is seen hugging the 200 Day Moving Average. Historically, Nifty is seen touching the 200 Day MA atleast once in a couple or 3 years once. However over the last 3 years, it still has not come close to the current 200 Day MA which is around 9900. I see the index mean reverting in the next 6 months or so.