DISCLAIMER: Any views shared by me on markets or any other matter are purely my personal views and for educational purpose only. Please consult your SEBI registered financial advisor for any investment / trading decisions.
Tomorrow bloodbath in markets as US CPI @ 3.1% is much higher than expected. Rate cut hopes gone now for atleast a few months! BN will be in FREE FALL tomorrow!
Indian markets are in for rough ride next few weeks as INR will fall against USD. RBI will be forced to hike rates further once Fed hikes 50 bps because if it doesn't INR will collapse! Stock markets will take a big hit & fall in next 3 months! Brace yourself for incoming storm!!
Correction: Entire rally of Nifty from 16828 to 18389 was based on wrong assumption that BJP would sweep to power. Now with the 360 degree turn, market will get butchered next week. Big crash coming especially in Bank Nifty!!!
Writing is on WALL: BJP has been thrashed in this Karnataka election. Congress has done exceedingly well. They deserve to be congratulated on job well done. For markets this is disastrous as entire rally from Nifty 18282 to 18389 was based on BJP winning. Big crash next week!!!
If no deal is reached between UBS and Credit Suisse by Monday morning before Asian markets open, we can expect a bloodbath in world markets tomorrow and a bigger fall in Indian markets since they rallied on Friday so the gap will be covered and the fall could be even more severe!
When markets are overbought after 1000 point rally in Nifty, 3600 in Bank Nifty from recent lows, market needs results to beat expectations to go up further, not just meet expectations & certainly not below expectations. Look at TCS, Infosys, HDFC Bank! Correction imminent now!
Crude oil going up & likely to go higher. Inflation will shoot up worldwide causing Fed not to change rate hike trajectory. Markets are highly overoptimistic rate cuts will begin by end of 2023. Big +ve trigger gone for a toss! Markets can have big fall in next 2 months! Beware!
I am bullish on markets especially
#Bank
Nifty. Expecting 500 - 800 points rally.
#Nifty
can touch 17400 in next 10 days as long as 17000 is not breached on closing basis. One can create long positions in both on dips and hold for higher levels on positional basis 💪
Shameful to see some BJP leaders are so arrogant & not at all ready to accept the fact that they have been thrashed badly in this Karnataka elections. Good leaders accept victory & defeat equally & must be magnanimous to congratulate the opposition for a great job! Sad state!
@kuttrapali26
Dear Ayushi, on detailed working looks like Tata Steel will report around 60,000 cr. topline & Net Profit in range of 13000 - 14000 cr in Q2 which would be more than Reliance Q1 profit of 12,273 cr. With such stellar numbers stock can cross 1700 after results! Buy!
Since past few days many investors/traders have asked me reasons for my being bearish on markets. Here I have tried to enumerate a few points why I feel markets could crash by end of May or June 2023 with
#Nifty
target 16500 and
#Bank
Nifty 37500. Happy reading 😃
I have been posting since morning that markets & especially
#Bank
#Nifty
will have a huge rally from Monday. Now the 413 page
#Adani
reply has made my conviction stronger 💪
#HDFC
Bank results are good. But they are below expectations. Market had very high expectations which have not been met & this disappointment will lead to a correction in HDFC Bank, Bank Nifty and Nifty due to combined effect of Infosys, Dow fall last night and overbought market!
If Fed commentary is hawkish and indicates more rate hikes ahead, then markets will open with big gap down tomorrow! Bank Nifty will take a big beating!
@nishkumar1977
Nifty will crash. No chance of bounce. Fed meeting on 25th 26th will create more nervousness today and tomorrow. Good to stay short with Nifty target 17200.
@indiacharts
Watch Tata Steel Q2 results Nov. Bumper is an understatement! 4K cr. advance tax paid says it all. Cons. NP easily 10K+ cr. with Europe ops showing big recovery as contracts revised to spot prices from Q2 Steel price hike soon to add icing on the cake PE<8 Stock 🔥💥
@AshishZBiz
Making assumptions in the market can be risky. Here your assumption is that Adani stock will remain around last closing of 2769 or below. Anything possible in the market. If Adani stocks hit upper circuit next week, there would be a huge response to their FPO.
Another US bank could collapse in next couple of weeks. If that happens, there is likely to be panic in financial markets. So be extremely careful with long positions especially in Bank Nifty!
First Republic Bank future in question following fresh plunge
Markets will correct again as suddenly everyone has become extremely bullish without any reason. Problems remain as banking sector is in big mess in US & Europe. Problems are being hidden but will reappear soon causing panic in markets once again. April will be -ve for markets!
@dmuthuk
What if the market and Adani stock price recover back to FPO issue price on Monday? Everyone is blindly assuming that cannot or will not happen. But anything is possible in the market. If a stock can fall 20% why can't it go up 20%?
Writing is on WALL: BJP has been thrashed in this Karnataka election. Congress has done exceedingly well. They deserve to be congratulated on job well done. For markets this is disastrous as entire rally from Nifty 18282 to 18389 was based on BJP winning. Big crash next week!!!
Supports broken for US markets. Adani group denies $3 bn funding which will lead to fear of rising NPAs for Banks. Big fall coming in Indian markets in next 2 days especially in Bank Nifty!
I have received tons of hate/abusive mail in last few days due to my giving warning to people not to buy at these levels. Those sending me abusive mails with choicest of bad words were predicting non stop rally in Nifty to 19200 😂 Needless to say all of them have been BLOCKED!
Credit Suisse customers withdrew 10 billion Swiss francs ($10.8 billion) in deposits in a single day late last week - a measure of how far trust in the bank has fallen!
@Kavitastocks
NDA will most likely get 350+ seats and markets will do well. Especially small caps and mid caps will shoot up. In any case, potential multi bagger stocks with bright future don't wait for election results for a trigger. Your strategy could backfire!
Those sending abusive, hateful & crass comments, please note you will immediately be BLOCKED! Comments are welcome only if respect, decency & basic etiquette is maintained. I have a right to post my views, but no one has right to insult & be abusive! You don't agree, just ignore!
#Nifty
fell around 182 points from day's high today. However, there is likely to be a recovery in our markets tomorrow. Those who bought Nifty and Bank Nifty Option Calls (CE) near day's low could get good profit tomorrow. All the best!
@RoadsOfMumbai
Road in Powai is in bad state. Several potholes as a result of which there is hardly any road left for vehicles. Cars get damaged. Please repair urgently Location: Opposite Vijay Vihar Society Road leading to Powai Vihar Near Hiranandani Gardens Powai Mumbai 400076
@tapish10100
Only after the market opens with a big gap down and falls further will there be a partial discounting. Fear is in your mind, so just relax! Market will do what it has to do. It will not stop falling just because you don't want it to.
Bad results from HDFC Bank. Provisions for quarter jumped (poor asset quality) to Rs 4,220 crore from Rs 2,810 crore. NII also below estimates as it rose only 23.9% YoY which was lower than analyst estimates of 25% Stock might tank! Bank Nifty can fall sharply!