Dollar index has fallen around 10% from its peak in June. And Nifty has risen around 20% in that time frame.
Dollar index can fall about 5% to its lows made last year - what does that mean for Nifty? If we go by past 3-4 months history, Nifty can rise to about 6660 levels!
Well - these are just projections. Doesn't mean that has to happen. But never ignore such projections either!
Dollar index projection:
Dollar index can fall about 5% to its lows made last year - what does that mean for Nifty? If we go by past 3-4 months history, Nifty can rise to about 6660 levels!
Well - these are just projections. Doesn't mean that has to happen. But never ignore such projections either!
Dollar index projection:
Nifty Projection:
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1 comments:
Very good looking charts Girish.
Seem to be having a 3-d effect. :)
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