If you go and analyze S&P 500 index, in the 15 days before and after quadruple witching day, there are 65 events from 2006 to 2023 till now. The S&P 500 typically rallies from the
BANKNIFTY
6th day before to the day before quad witch day. It is evident that the market typically declines on quadruple witching day itself.
A similar pattern can be seen in the case of Nifty. In the majority of the cases, the Nifty starts falling from a few days just before quadruple witching day. You can see the chart above to see the effect of Quadruple Witching on Nifty since the last year. So, it is advised to stay cautious in the next week. Be careful with your positions.
Good luck, stay safe!
BANKNIFTY
6th day before to the day before quad witch day. It is evident that the market typically declines on quadruple witching day itself. A similar pattern can be seen in the case of Nifty. In the majority of the cases, the Nifty starts falling from a few days just before quadruple witching day. You can see the chart above to see the effect of Quadruple Witching on Nifty since the last year. So, it is advised to stay cautious in the next week. Be careful with your positions.
Good luck, stay safe!
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MACD is bullish
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ความคิดเห็น:
44623