looks like at least on our NSE charts 22520 futures saved for the weekend . around 400 points higher from last friday. Banknifty also around 650 points higher from last week . ICICI bank results will dictate the game
Gift nifty less than 50 down . Microsoft results after market . It will define the next move for Dow and Nassaq
If US GDP is falling in then metals should fall as low GDP low consumption of goods and services . Market needs fed talk to fall and fed talks on 2 may so most probably tomorrow and Monday we might not fall majorly
I was actually checking who can bring bn down. HDFC Bank is week. A weekly close below 1500 may make it test 1480 and 1420 and 1400. Kotak is currently dead wood. ICICI Bank hit its trendline resistance today itself. A weekly close above 1125 is required for upward on daily megaphone. But a return from here can take it back to 1040 odd level. SBI probably may comeback towards 750 720 level. Indusind also probably on its way to 1250. But a potential candidate to go up. Dow gave two weekly closes below 38K around 37980. So this very likely be another massive or even sharp close towards 37. Ofcourse Market is Supreme. Trade Safe. Best Wishes.
Bank nifty will make new high before correction . Dow will recover till 38100 . Lower gdp is good news for rate cut in June
I am afraid both of us are seems to be on same side this time lighter bro... Smiley...
I think a huge correction is coming. Marshall wace yesterday sold almost all their holdings in indian market. Some booked in losses.
MARKET VIEW
OUTLOOK
SECTORS
STRATEGY
VIEW
PERSONAL FINANCE
INSURANCE
INVEST
MUTUAL FUND
GENERAL