tag:blogger.com,1999:blog-7148222695370746347.post3401358731182279977..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: BSE Sensex and NSE Nifty 50 Index Chart Patterns – Jan 21, ‘11Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7148222695370746347.post-69834550967984054672011-01-24T11:56:50.959+05:302011-01-24T11:56:50.959+05:30Good point, Jasi.
The Sensex has 30 stocks and th...Good point, Jasi.<br /><br />The Sensex has 30 stocks and the Nifty has 50. So percentage differences in up and down moves will not be identical, though similar.<br /><br />The different point levels require separate analysis in terms supports and resistances.<br /><br />There are other differences. Nifty trades in much higher volumes. But it doesn't recognise chart gaps - so gap analysis is only possible using Sensex charts.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-9064506285137058632011-01-22T17:06:14.122+05:302011-01-22T17:06:14.122+05:30Something I have always wondered about. Nifty and ...Something I have always wondered about. Nifty and sensex have always been similar in the sense, they go thru identical gains/sell-offs. So I would imagine their supports/resistances would also be similar, not perhaps in points terms but %age terms with a factor of around 3.<br />Does it then merit giving separate analytical treament to them? Isnt what you say about sensex be also be true about nifty although at different point levels? I mean if one is below its 200 MA would the other be any different?<br /><br />Thanks and regards! <br />JasiJasihttps://www.blogger.com/profile/14267764047614537730noreply@blogger.com