16 Jun 2025 — Nifty goes long now @ 24849
Strong resilience shown by Indian markets and almost all Asian markets today, despite the continuation of the War @ Iran-Israel.
Nifty goes long, our last short entry now invalidated. Points earned = +268.
https://in.tradingview.com/chart/0oypWTgo/
The reason for the bounce may be because Israel is seen as winning this battle. As always, when the Western economy and its allies are winning, the stock markets will remain buoyant. Having said that, a change in the status quo could send the markets toppling.