Pattern_Study

Dollar Index - Possible Retracement & Correction in Nifty

TVC:DXY   U.S. Dollar Currency Index
Dollar Index ( DXY ) is continuously taking Support at 92.00 levels in November and Nifty has consolidated around 12,800-13,000 during the same period.

It is the same levels from where DXY attracted investment and resulted in sharp correction in Nifty during September.

Just keep an eye out for DXY to retrace for shorting Nifty or to close below 91.70 to go long in Nifty .

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