4th consecutive month of Negative returns on Nifty has Always been Major Bottom for Nifty.
We already had 3 mnt -ve so far
(Mar 20: 3rd consecutive -ve mnth)
Feb-19: 3rd
Dec-16: 4th
Feb-16: 4th
Aug-13: 3rd
Nov-08:3rd
Nov-01:4th
Just see the bounce from there !
Wats your view?
More from Kunal Bothra
Crude Oil prices likely to taper below $100…
Interesting Derivatives Data…
Interesting Derivatives Data…
#MarketsWithETNOW | Is the #crude concern overblown? What do the charts indicate? What will be the trend going forward? Watch to find out as @kbbothra analyses #Brent #Crude #Oil #StockMarket pic.twitter.com/4SBSfpiKmd
— ET NOW (@ETNOWlive) June 1, 2022
More from Screeners
This scan will give you linear/smooth/non-choppy trends which are great for pullback trades for working people.
#BroTip
#BroTip
If you want to trade only stocks with established trend/momentum, then you can look for stocks which have never(or barely did) closed below a certain MA (say 50MA) in the last say 50 days.
— Manas Arora (@iManasArora) November 8, 2021
There are countless ways to run scans. Just have to get creative. #BroTip