January 2, 2019

Nifty - Quarterly Bearish




  • Previous quarter (Oct. - Dec 2018) ended below 10930 i.e. 10862 
  • Now if this quarter closes in red, then we might see 2 red quarters i.e. till Sept. 2019
  •  This Quarter's Nifty's open price is 10881


Post on 13th December 2018

  • 3 times since 2008, we have seen 4 quarters of Bearish candles
  • On  31st December 2018, Nifty should close below 10930
  • If we see 1 more bearish candle in next quarter (Jan - March 2019), possibility of 2 more bearish quarters (April - Sept 2019)

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