By Rohan Patil The Nifty 50 index has formed a bullish ABCD harmonic Pattern at 15350 levels and currently prices are trading marginally above their PRZ (potential reversal zone) on the weekly time frame. Last week we saw a decent pullback in the prices after a consecutive negative closing on the weekly closing basis. In […]
Over the course of the years, the index has seen cyclical lows in the month of May. This prompted the birth of the saying ‘Sell in May and go away’. However, an ICICIdirect report examined the performance of the Nifty 50 index over the past two decades to determine if the statement holds true in […]