Will NIFTY bounce back in July? | CA Rachana Ranade

"Volatility in the range of fifteen thousand eight hundred to sixteen thousand two hundred correct that would be the range I would want to you know focus on fifteen eight hundred to sixteen thousand two hundred"

"So the idea of analyzing meltdowns as a series that was liked by many so the first analyzing meltdown episode on RBA on Zomato we did as a live stream on Thursday the second video that I did on analyzing meltdown was about RBL and that was released last Saturday I guess and the third request that I received from almost 80 percent of the live viewers in the previous stream that was on ATM what's wrong with Paytm so I thought that yes I should also do a specific video on what's wrong with Paytm and I promise that that video will be released in maximum one week or two"

"if the results are not bad at all i would be doing again one more video when majority of the results are out how many of you saw my result on nifty pass or fail that was i believe one of the very i should not be saying that it was a good video i should not be saying it myself only but that was the first time i attempted this that all 50 companies what was the overall top line what was the overall operating profit what was the overall operating profit margin what was the pbt everything i had discussed about uh in that video of nifty pass or fail which just says yes i've seen that if you're not please everyone please watch that video of nifty pass or fail you will get an overall feeling of how the q4 results did perform especially you know you will get a feeling of how the uh top line performed were there margin pressures or not everything will get to know by that video right a similar video i would want to do once the q1 results are out and based on that i would take a final decision on my third installment"

"Tomorrow's closing is very important number one uh number two on a lower end i think that fifteen thousand nine hundred fifteen thousand seven fifty can definitely act as a very good support"

"16200 level I feel this is a very crucial level 16200 level if we are able to close all this if we are able to sustain above this then sixteen thousand five hundred possible"

"on an average has gone up by two two point three two point five two point eight percent in that case we are already done for the month of july"

"So if you see here I'm going back to uh the june the july opening uh july opening will be this okay or closing also I can take actually June closing was at fifteen thousand seven hundred and eighty okay"

"so i would just want to wait for that you know uh if if the results are not bad at all i would be doing again one more video when majority of the results are out"

"I believe that the whole point is that in the short to medium term time frame I feel that somewhere around that tomorrow Nifty closing above 16000 is a very very crucial thing"

"if it closes above that then this is the second time that I will be getting a closing above this long-term support of 16 000"

"From here we have already gone up to this level which is almost a six percent rise in three weeks and that's almost almost from this level of fifteen thousand one ninety to sixteen thousand one thirty two this is almost a thousand points jump already which has happened in the last three weeks"

"this has been a very good break I mean I can't say like this is like a breakout candle or something like that but yes definitely I can say that it has convincingly given a close above this specific point of 15 900 level"

"The idea of analyzing meltdowns as a series that was liked by many so the first analyzing meltdown episode on RBA on Zomato we did as a live stream on Thursday the second video that I did on analyzing meltdown was about RBL and that was released last Saturday I guess and the third request that I received from almost 80 percent of the live viewers in the previous stream that was on ATM what's wrong with Paytm so I thought that yes I should also do a specific video on what's wrong with Paytm and I promise that that video will be released in maximum one week or two"

"three times in the recent past it has happened that we did see a bond yield inversion but that is that is what we have been expecting right we have been expecting the U.S economy not performing so well they are going to focus more on inflation they are going to focus more on increasing interest rates and it will have an impact on the overall growth rate in the U.S economy right so that is the reason why it it was ought to happen and yes that's what we might see in the coming few days as well"