2. What was the reason behind Nifty's such a stellar move during 2004-2006? Here is the clue.
Ratio chart gave a breakout in 2004 suggesting outperformance by Nifty against Dow. Index moved from 1300 to 4245,up by 300% whereas Dow remained in Range 9700-11700 during 2004-06
Ratio chart gave a breakout in 2004 suggesting outperformance by Nifty against Dow. Index moved from 1300 to 4245,up by 300% whereas Dow remained in Range 9700-11700 during 2004-06
3. What happened during 2009-2022 ? Both indices moving in tandem. Infact Dow Jones relatively performed little better than Nifty during this period.
4. RS Chart Nifty Vs DowJones during 2009-2021/22
It remained in consolidation phase for more than a decade before giving breakout in September 2021
It remained in consolidation phase for more than a decade before giving breakout in September 2021
5. Current setup Indicating Nifty likely to outperform Dow Jones in coming years by Big margin. Early breakout in September 2021 n the current RS Chart indicating we are ready for outperformance in 2-3 years
6. Dow outperformed Nifty during 1997-2003 phase Even RS Charts suggested this underperformance/sideways move by Nifty during this period except that July 1999 to February 2000 spike which faded away quickly
7. Summary:Based on RS charts Dow is likely to reamain sideways/underperform Nifty. Indian markets to go up BIG time in next couple of yrs as suggested by RS charts. 2022-2025 can be India's Time. Make ur bets based on ur Research/Risk
This is my view based on RS Charts/history
This is my view based on RS Charts/history
8. Right now Dow Jones is 2-2.5% above recent low 32272 where as Nifty is 9% above recent low 15670 showing outperformance by Nifty during this fall.
Time to decouple and outperform. Its just a matter of few weeks.
#NiftyvsDow
Time to decouple and outperform. Its just a matter of few weeks.
#NiftyvsDow
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