NIFTY 50 4 Hour Price Update
Updated September 16, 2020 11:14 PM GMT (07:14 PM EST)
NIFTY 50 came into the current 4 hour candle up 0.28% (32.05) from the open of the last 4 hour candle, marking the 4th consecutive candle an increase has occurred. NIFTY 50 outperformed all 14 assets in the equity indices asset class since the last 4 hour candle.
NIFTY 50 Daily Price Recap
NIFTY 50 entered today at 11521.8, up 0.71% ($81.75) from yesterday. Relative to other instruments in the equity indices asset class, NIFTY 50 ranked 4th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of NIFTY 50.
NIFTY 50 Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that NIFTY 50’s price has gone up 5 of the previous 10 trading days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to NIFTY 50 for the past day were:
- From f2003062:
@tony_gazillioni @Priyans48107837 @PradeepSrikant Those stocks are ever green stocks from nifty 50. I back tested 8 years of data and selected them. It would be great if u can find and let us know the dynamic way of stock selection that makes money in ORB on a longer time frame. Happy to update my document once u are ready
- From IndiaEtfs:
Every year, EPFO invests 15% of its accruals in ETFs. It invests in Nifty 50 & Sensex ETFs. So far:
FY19 – Rs 27k cr.
FY20 – Rs 31k cr.
Total since 2015- Rs 1.03 lakh cr. This amount is expected to keep increasing + any inc in the limit will boost further flows into ETFs.
- From BruniCharting:
@allstarcharts @DilksJay INDY for exposure to large-caps (Nifty 50).INDA is still large-cap exposure but holds slightly more than the largest 50 stocks.SMID is the small and mid-cap index.Those are the most liquid ETFs outside of the handful of ADRs that offer individual equity exposure.