Is the market bottom near? | Is it time to buy? | CA Rachana Ranade
Published: 2022-05-12
Status:
Available
|
Analyzed
Published: 2022-05-12
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Apple is identified as the first stock in which the speaker is making a fresh investment.
"number one it's from the it space related to it related to marketing it it's Apple okay so the first talk is Apple"
Pending
Bharti Airtel is chosen as the third stock due to its resilience, having fallen less than 10% during the recent market downturn.
"the third one is a stock which has fallen less than 10 percent in this crazy fall and that is bharti Airtel"
Pending
Devyani International is selected as the fourth stock, with the speaker believing it is currently better positioned than its competitor, Jubilant.
"the fourth one again a pro investor member stock that I am investing in is devyani and devyani is a competitor to jubilant but right now I believe devyani is placed a little bit better"
Pending
TCS is identified as the fifth and final stock in the current investment batch.
"and the last one is uh is t s"
Pending
The market is predicted to find support around the 15,600 mark in the short to medium term, with a potential downside target of 14,500 in the medium to longer term.
"the lower end as per this analysis is coming to 15 616 I rounded off to 15 600. even if we are talking about drawing a sub support line based on the previous flows here you can see this is around June 21 okay here you can see a big consolidation which has happened and the lower end of this consolidation or a good support I can say is 15 673. so I believe that in the short to medium term ideally the market should not go below this 15 600 Mark is what I strongly believe"
Pending
The market could potentially reach 14,500 levels in the medium to longer term, but not immediately. Immediate short to medium term support is expected around 15,600.
"could the markets go down to fourteen thousand five hundred ish levels maybe yes is what I feel I I wish I'm wrong I really wish I'm wrong but yes as per whatever analysis I've done the technical analysis that I've done I believe that 14 500 is possible but not immediately is what I believe it can come slowly steadily in the immediate shot to medium term I believe this this should not go below another by 150 or 200 points right fifteen thousand six hundred should ideally act as a solid support"
Pending
The speaker is initiating a new long-term investment strategy, deploying capital in one-fifth increments, due to ongoing inflation, expected interest rate hikes, and potential recessionary factors.
"for the long term investors this is the first time after almost like four or five months I'm saying this I feel good saying this I am I'm starting a fresh investment Again by standard pattern one fifth one fifth one fifth one fifth one fifth because still inflation is not yet over interest rate hike is still going to happen could there be a possible recession ahead are we already in a recession all the macroeconomic factors are not really good so what I'm going to do is I'm I am going to just bring in my first one fifth chunk right again those have been following my channel for a long time you you are aware of my investing style I never go all in at one shot it is always one fifth one-fifth right so the very first one fifth stop uh one fifth investment that I'm going to do is today"
Pending
A company in the specialty chemical sector is the second stock selected for investment.
"the second stock is it is uh it's a specialty chemical space that it is about"
Pending
The speaker is avoiding investments in the Banking and NBFC sectors currently, anticipating that continued interest rate hikes could negatively impact these industries.
"I'm not going ahead with Banking and nbfc space right now because I believe because many people are typing Bajaj Finance many people are typing about Banks they may perform well in the coming few days I'm not denying but I believe that if the interest rates hike time in and again then it might not be so good for the banks"
Pending
Based on a head and shoulder pattern, the speaker anticipates the market closing around 15,600 in the short to near term, with a potential for 14,000-14,500 in the medium to longer term.
"number one because of the head and shoulder pattern I believe that shot to near term we might be closing of 15 600 is what I see in the short to medium term in compatibility medium to longer term I do see fourteen thousand fourteen thousand five hundred mark coming up I hope I'm wrong"
Pending
The 'stock of the month' will be released via a live stream on May 18th.
"stock of the month of this month is going to be released on 18th it's going to be a live stream 18th of May"
Pending