Wednesday, 23 January 2019

Is Advance/Decline Ratio suggesting sharp fall ahead in NIFTY??


 As seen in the chart Nifty-50 is seen moving higher since the last week but advance decline ratio is seen moving the other way suggesting a correction in nifty in coming days.

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Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.