Nifty200
As per Monthly Ratio chart with Nifty we see that Nifty200 index is fall from 50% of range 2018 top and 2020 low. with double top formation. If Break 21& 34 EMA then we see more downside in this Index.
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Nifty500
As per Monthly Ratio chart with Nifty we see that Nifty500 Index fall from 61.8% of Range 2018 top and 2020 Bottom. we see made lower low near top and then again fall from there if break 2021 low which near 21 EMA Then we see more downside in this index stocks.
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Nifty Auto
As per Monthly Ratio chart with Nifty we see that after 2017 top is continue in down fall and in H2 2020-2021 Bull market this sector not Perform well as compare with Nifty. And fail to cross 34 EMA on Monthly chart. So Next Bull run confirm when cross 34 EMA. Till that trading in this sector.
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Nifty Bank
As per Monthly Ratio Chart with Nifty we see that Nov-2019 top and Sep-2020 Bottom is rise just above 61.8% and again start fall from there and made a low below 61.8% of near Sep-202 Bottom to Feb-2021 top. Again Bounce from there but fail to cross Trend line. If success to cross trend line then we see some Out perform this sector in Nifty Index and Some Banking stock move up well.,
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Nifty Commodities
As per Monthly Ratio chart with Nifty we see that after rise from 2020 Low, is just small down move and again start up move, and look strong up move.we may see Some Fibonacci level 50% and 61.8% of March-2020 low and April 2021 High and then price projection from Oct-2021 low. Expect some more upside in this Sector and it's Stocks also, we see that 21 & 34 EMA positive cross over is also there.
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As per Monthly Ratio chart with Nifty we see that if fall from 61.8% of range Feb-2020 top and Sep-2020 bottom. And we project of next round of fall from there then we see 38.2% already reach and more Down side is possible.Current Low is just near 61.8% of Sep-2020 bottom and Feb-2021 Top. So if break that current swing low and Red Trend line from 2016 Low then more downside is possible.
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Nifty IT
As per Monthly Ratio chart with Nifty we see that Trend Line from 2019 low is still hold if break that trne line then we see more down side in NIFTY IT sector. so till that IT stock look safe for Trading on Long Side.
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Nifty Junior
As per Monthly Ratio chart with Nifty we see that is just fall 61.8% of Range 2013 Bottom and 2018 top. consolidate there for some time and Test 61.8% 3-4 time and then again start up move and 1st break trend line and then Resistance zone (Red Zone). Monthly close above that so is indicate that some up side move possible in this index and its stocks.
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Nifty Metal
As per Monthly Ratio chart with Nifty we see that Trend line from 2014 swing top is break again and move up, Below that we see that 21 & 34 EMA also just below trend line. If this time break 2021 swing top then we see some good up move in this sector and its stocks. May be Next Bull run Metal is Major sector in index out perform.
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Nifty Pharma
As per Monthly Ratio chart with Nifty we see that From 2015 top and 2019 Bottom we see that just 38.2% rise and again fall from that level. currently trade near long term support. If hold this level and then see some up move then only we see some interest in this sector. Some Selected stock may out perform from this sector is possible.we see fail to 21 & 34 Ema cross and again that average also in down move.
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Nifty PSE
As per Monthly Ratio chart with Nifty we see that from 2017 swing top trend line Break on upside and again test that trend line and start up move 1st time cross and closed above 21 EMA and if hold then we see some more upside in this sector. This Sector not perform since last 4-5 yrs. So is easy to find some good stocks with low risk Entry in this sector's.
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Nifty Realty
As per Monthly Ratio chart with Nifty we see that is trade in side way since 2013-14 and we see some positive cross over of 21 & 34 EMA. if hold that and cross trend line which is from 2014 swing top then we see major turn around in this sector. Otherwise some side way to negative move continue.
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Just Try to Find which sector may out perform and under perform. So in this High Volatile market find best stock for long term investment and for Trading also.
Thank You.
