When everyone one in the room is bearish by the moves Nifty showed this last 2 weeks, I am bold enough to say the worst may be Over!
1. War probably may not continue or will have a negotiations. May be Rulers like war but people love peace.
2. Trump's Tantrums started having some pushback in no war participation by many countries.
3. How agenda of Oil business & Dollar seems to be in sight.
4. US Market ready & pressures for upside, he has already set the ground for a Big move with next Fed meet.
5. India specific economics - Many companies will start giving earnings - even a minor positive news draws attention in turmoil days!
Today's Move was just -
Technically last Working day of this financial year. Since tomorrow is a settlement holiday.
Reaction to the new Guidelines, Tax Rules, Leverages etc. Smart Money has already started turning around.
Now the Technical -
Observe the monthly chart, whenever we had such a monthly candle at support level, w majority & Mostly it has bounced!
I am expecting 2-3 months bullish candles to create monthly inverse VCP before further sell off! Time to spot reboot stocks?
Go check RS strong setups!
1. War probably may not continue or will have a negotiations. May be Rulers like war but people love peace.
2. Trump's Tantrums started having some pushback in no war participation by many countries.
3. How agenda of Oil business & Dollar seems to be in sight.
4. US Market ready & pressures for upside, he has already set the ground for a Big move with next Fed meet.
5. India specific economics - Many companies will start giving earnings - even a minor positive news draws attention in turmoil days!
Today's Move was just -
Technically last Working day of this financial year. Since tomorrow is a settlement holiday.
Reaction to the new Guidelines, Tax Rules, Leverages etc. Smart Money has already started turning around.
Now the Technical -
Observe the monthly chart, whenever we had such a monthly candle at support level, w majority & Mostly it has bounced!
I am expecting 2-3 months bullish candles to create monthly inverse VCP before further sell off! Time to spot reboot stocks?
Go check RS strong setups!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.