Mkt at near bottom !
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Mkt at near bottom !
look at the two conterian signal chart
first chart when cross 300 mkt finds bottom
Second chart when it falls below 70 mkt find bottom
Covid and 2022 both time when this signals reached it has reversed
Bottoms are more orderly than tops
indicator & breadth wise mkt is oversold and tend to find bottoms and valuations are relatively cheaper and this is the reasons why i recommand to accumlate two ETF
ALPHA
MOMENTUM50
when mkt is in down trend i avoid picking stock let mkt to find proper bottom and bullish structure and then find leaders
#nseindia #NSE #stockmarketcrash #stockmarketsindia #breadth #oversold #sentiments #passimistic
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@Nishshkumar-Jaani-CFTe How do you see this chart?
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bullish
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@Nishshkumar-Jaani-CFTe I mean how did you get the chart, which platform, how to plot etc?
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this is breadth data i personally make -can be feed in to my mkt and plot-can contact definedge team for it but you will not get data which is personally made
