ilmscore | Prediction Details
"now typically throughout 23 and 24 the intermittent Corrections that we saw the dollar Index hit 1056 yes and when it hit 1056 it probably PL out or resistance in in Market lingo it probably hit that resistance and it came now the shares are very unique relationships with how Nifty moves right when the dollar Index moves higher which means that if it is at 100 if it goes to 105 and if Nifty at that point of time is at 100 it will move to 90 so what I'm saying is it's an inverse relation so a 5 to 10% dollar Index move will might and might mean a 5 to 10% correction in the Nifty"
By CA Rachana Phadke Ranade | March 7, 2025 | Pending
From video
Which Sectors Will Lead the Next Rally? ft. Mayuresh Joshi | CA Rachana Ranade 00:12:10 - 00:12:51
Interpreted Prediction
There is an inverse relationship between the Dollar Index and Nifty. A 5-10% rise in the Dollar Index can lead to a 5-10% correction in the Nifty.

Prediction Details

Topic
Dollar Index and Nifty Relationship

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