@priyamp awesome comment!!
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Reversal will not be unexpected. Unidirectional rally can't go on for eternity especially when we are hitting the trend line formed by peaks on weekly chart + there is big gap created on daily chart. The bigger question is- from what level it will bounce back? Will it hit lower b...
I am not sure anyone can give a black or white answer to the possibility of us achieving these levels or not. This will be contingent on multiple factors falling in line e.g. (1) FED stops increasing rates from September and interest rates cooling off (2) Supply chain issues pla...
My view is - it is most likely 3. 4&5 would have been possible only when Brent crude prices aggravated and/or Fed tightening continued. Fed indicated easing from 3Q. Crude stabilizing and govt is relaxing duties. So I don't think 4&5 will happen. 1&2&4 may not happen as nifty wil...
Thanks for the daily report। By the way, there is report from BOA, that may help FPI helping our index - https://www.reuters.com/markets/us/fed-may-pause-policy-t...
Very insightful. Thanks for the analysis. With crude not likely to ease anytime soon + RBI likely to raise repo rate, your assessment of 14700 is more than probable. Let's see
Really you think, these stocks will go down by 25%from current levels?
Nifty touching 15400?
Fully agree