Year to date, NIFTY has underperformed China - but not recently. Nifty outperformed HSCEI by nearly 20% pts between mid-Mar to mid-Apr and the over the last 2 months, gave back nearly half of these gains! What happened next?
The pullback appears to be a "flag" pattern - typically a bullish continuation - if this breakout holds (stays above 2.9 for NIFTY/HSCEI), Then the measuring implication is a whopping 3.5 - an outperformance of 18-20% pts.
Long Nifty/ HSCEI, currently ay 2.95; stops at 2.85
The pullback appears to be a "flag" pattern - typically a bullish continuation - if this breakout holds (stays above 2.9 for NIFTY/HSCEI), Then the measuring implication is a whopping 3.5 - an outperformance of 18-20% pts.
Long Nifty/ HSCEI, currently ay 2.95; stops at 2.85
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。