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Tag Archives: DII’s

To understand the Price action of Nifty, focus on Intermarket relationship of USDINR and Nifty50

Trying to find bottom in Nifty 50? Better watch the Price action of USDINR

By Trading Predator November 6th, 2018 No Comments

After a drastic fall from 11800 to 10000, Surprisingly Nifty 50 is rallying back from last two weeks. It rose almost 550 points from the low of 10,000. Just zoom into the lower time frame chart of 30 min or 1h; you can see a stable uptrend. Nifty 50 | Stable Uptrend in 30 min