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Index Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

NEXT NOTES Nifty Total Returns(TR) Daily Inverse Index ETN (GIF:C047)

Sidelines Mode (-55) - C047 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid C047?

MarketClub looks at technical strength and momentum to determine if the timing is right for C047.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_C047
Open High Low C047 Price Change
4664.75 4702.55 4639.59 4700.77 +158.20
Entry Signal

MarketClub’s Trade Triangles for C047

long term down The long-term trend has been DOWN since Jun 21st, 2020 at 6406.84

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 4608.00

short term up The short-term trend has been UP since Apr 12th, 2021 at 4565.18

Smart Scan Analysis for C047

Based on our trend formula, C047 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for C047
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4664.75 4702.55 4639.59 4700.77 +158.20
Prev. Close Volume Bid Ask Time
4542.57 0 2021-04-12 02:29:30
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