Timing Stock Trades with the #Nifty50StockList — Part 2
As has been said before the point of the Nifty-50 Stock List is to be able to see extremes, especially at the end of a down swing.
To reiterate the strategy is whenever 40 or more stocks on the list are on sells that is most often the bottom or the beginning of the bottom of a down swing. The buy signal is triggered with there are no longer 40 or more on sells. If the list returns to more than 40 sells after giving a buy signal that is stop-loss signal for the market (and likely a sign of a deeper…