21 APRIL 2025 - Nifty hourly Vs Dow Future hourly

 NIFTY HOURLY CHART


DOW FUTURE HOURLY CHART

Hello everyone, 

The hourly time frame comparison of the two charts is shown above. Nifty's outperformance is enormous. In any market, such outperformance is quite uncommon. As a result, I strongly advise against making any long trades on Indian stocks or indices.

This simply isn't typical. For the time being, it is preferable to remain silent and avoid lengthy deals. Being a spectator might be beneficial at times. Don't short the momentum either. You won't have the confidence to short when the time comes. 


I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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