Nifty 50 - Tops & Bottoms

Reading it: A red arrow marks a swing top, a green arrow a swing bottom; hover anywhere for the date and index level. The reversal confirms on a weekly close 4% off the swing extreme, so the latest leg may still be forming (see the banner). The table pairs each bottom with the following top and shows the up-cycle's length and gain. Mechanical model for study only - not investment advice.