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#Nifty Vs #DowJones Who will Lead?
As promised here I am posting my analysis in this thread
1. Dow & Nifty 2004 to 2006. Dow Went into sideways consolidation n did 10% move where as Nifty gave a stunning 300% move in this period.
As promised here I am posting my analysis in this thread
1. Dow & Nifty 2004 to 2006. Dow Went into sideways consolidation n did 10% move where as Nifty gave a stunning 300% move in this period.
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.
