NIFY 50 – Today on ATA Research Radar
ATA Following …
16.08.2019 – NIKKEI – BOJ is NOT ENOUGH…
17.08.2019 – TOPIX Banks – Japan Debt Yield Omen…
21.08.2019 – SHANGHAI INDEX on TRADE WAR CHESSBOARD …
21.08.2019 – HANG SENG – STATUS QUO…
21.08.2019 – KOSPI – ASIAN TIGER WARNING …
NIFY 50 Motives
McKinsey Warning ‘Ominous’ Signs of Another Asian Debt Crisis
ASIA -China – Japan & Global Slowdown or Recession Risk
INDIA Slowdown
TRUMP TRADE WAR – US Tariffs & China Tariffs
TRUMP CURRENCY WAR
&
Dovish…Dovisher…Mega Dovish Central Game
FED – Powell with Trump
with
stricte INDIA Motives
IMF Cuts India’s GDP Growth Rate to 7%
Reserve Bank of India ( RBI ) Cuts Rate 4-th time this year
Now 5.40%
First…ATA Tweets…
Second…Present NIFY 50 Situation
NIFY 50 Secular Perspective
ATA MIND OVER MARKETS
Follow the Trendlines Not the Headlines
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern
First…Main Motive
above in this text…
Second…Market Technical Patterns
NIFY 50
Monthly View
2 Reversal Top Patterns
First… Activated 2B Pattern
August 2018 – June 2019
Key Level 11.680
Second…Forming Invert Ending Diagonal
Now Testing Lower Edge – Key Level 10.750
with
Monthly MACD Sell Signal
ATA NIFY 50 Investment Conclusion
Focus carefully on
Present Master Key Level 10.750
with
Always remember
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
Finally …
F/X Maxim
Most Important is Final Smart Money Reaction….
First…EOD-s
Second…EOW-s
Final…EOM – Now Key Month August
NIFY 50 Index Monthly Charts :
22.08.2019 – EOD
