This is a super interesting stat which I came across on twitter.
2022 has been brutal for bulls esp the last 3 months. We have had 3 consecutive negative monthly returns for the first time since 2020.
But, there’s one interesting thing with this 3 monthly negative return stat. The last time we had a 4 consecutive negative monthly return (it was 2001)
So, july will determine if the 21 year streak of having maximum 3 month negative returns in nifty will continue or will it be broken ?
Source : Brijesh
4 Likes
If we can bring inflation under control then there is hope otherwise the record is going to be broken.
1 Like
Keep researching into all the bad news, soon before you make a decision out of it, Nifty will be All time High again.
2 Likes
This is best example how not to use data
This is nonsense analysis
1 Like
Chart and data are the same information for everyone, but analysing the charts and decoding the data is what a trader does.
I will keep your view as an alternate, but my analysis says that Nifty is now ready for the All-Time High.
how is it possible? i can easily see it going red more
Well, everyone talks about a market crash every year. Oh, the big crash…
i know one thing. This opinion is played in loop.
