Nifty - Market Sentiment Cycle on Actual Chart

2024年7月25日

There are 14 stages of market sentiment cycle, the 2 stages which are the most interesting and which every seasoned trader tries to identify are Euphoria and Despondency / Depression.

Euphoria stage - This is the point of maximum financial risk

Despondency / Depression - Point of maximum financial opportunity

Have tried to plot the best estimate to understand where are we currently in the market sentiment cycle. Markets are completely unpredictable and the shared chart is only for an understanding to try and plot the sentiment cycle in real-world scenario

2024年8月16日

注释

Market is still trading within Euphoria Zone

Time to be cautious!

2024年10月7日

注释

As we can see here, Euphoria stage is completed. we could see 15-25% correction from the recent high.