Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: If the NIFTY Relief Rally Takes Off and more

In today’s briefing:

  • If the NIFTY Relief Rally Takes Off, Check These Profit Targets


If the NIFTY Relief Rally Takes Off, Check These Profit Targets

By Nico Rosti

  • The NIFTY Index (NIFTY INDEX) may be at the start of a rally that may be a relief rally, or it may turn into something longer-term, later.
  • We focus on the short-term, WEEKLY forecast (1 to 4 weeks usually), the NIFTY is at the end of a correction that we had anticipated in a previous insight.
  • Now we want to see how far this rally can go during the next few weeks, spoiler: NOT FAR! There could be another pullback, after this rally.

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