@iManasArora sir Ellenbarrie is having a same structure as JTL Ind the trade you took recently ?
is your rationale is gaining momentum in daily time frame i.e two days ago big green candle in JTL as well as Ellenbarrie and now crossed one day ago high with good hourly candle ?
Chart 1: Sensex/Nasdaq Ratio Chart
Almost Near channle Support some more pain may Ahead in sensex compare to Nasdaq
Chart 2: Sensex/Nasdaq*(USD/INR)
Ration of Sensex and Nasdaq with taking dollar term returns
Almost near double bottom
#Sensex#DowJones#Nasdaq#SP500#Nifty
Chart 1: Sensex/SPX Ratio Chart
As per Elliot wave we might start major 3rd of 3rd on Ratio chart which means India can/will outperforme S&P500 for more than a decade in a big way
Chart 2: India MSCI ETF/China MSCI ETF
Ration chart currently at support
#Nifty#Sensex#MSCI#X
India (MSCI ETF)/Emerging Market Asia(MSCI ETF)
Ratio chart:All of India's relative out-performance after COVID with respect to Emerg. Market is balanced
After making bottom in Aug 2013 & March 2020 Nifty rallied 50% & 75% in a Year simulteneously
#Nifty#Sensex#INDA#MSCI