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Tag Archives: Nifty50

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

Traders should wait for Price action to retest

Coal India – Traders should wait for Price action to Retest

By Trading Predator October 11th, 2017 No Comments

We can see many experts on media talking about Coal India and suggesting Investors to keep it in their portfolio. For last 5 years Coal India remained as an average stock with no returns, then why all of a sudden it’s in the radar of many traders and investors? It has to do with recent