ilmscore | Nifty Crash Coming Soon? | CPI & IIP Data | CA Rachana Ranade

Nifty Crash Coming Soon? | CPI & IIP Data | CA Rachana Ranade

Published: 2022-10-13
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Dow Jones is predicted to rally 1000 points if it closes convincingly above 30,000.
"If it closes above this 30,000 level today convincingly I think we can have at least a,000 points rally from here to R1 at least."
DJI
Pending
The Dow Jones' 50-day moving average is currently trading below its 200-day moving average.
"Currently, if you see Dow Jones 50-day moving average current level is below that 200 days to way below."
DJI
Pending
The Dow Jones has been trading below its 200-day moving average for four consecutive weeks.
"We are already into the fourth week below this 200 dea."
DJI
Pending
The 200-day moving average for the Dow Jones is currently at 30,052.
"200 dema currently is coming at oh my god this is also 30,052."
DJI
Pending
A closing price above 30,000 for the Dow Jones is considered crucial for both US and automatically Indian market performance.
"The market should close above this level. I'm not talking about our indices. I'm of course talking about Dow Jones industrial level DJI because reason is simple. If US markets are performing well automatically we will also perform well."
DJI
Pending
Indian markets have outperformed US markets, both in downturns and upturns, by falling less and rising at least as strong, if not stronger.
"when US markets have fallen we have fallen lower than them. When US markets are rising we are still going almost in the same strength or maybe a shade higher as well. And that has been the reason why I'm telling you every single time that our markets have definitely outperformed the US markets."
Indian Markets vs. US Markets
Pending
US core CPI accelerated to a 40-year high of 6.6% in the reported month, up from 6.3% the previous month, indicating sustained inflationary pressures.
"core prices rose by 6% for a second straight month indicating broad and sustained inflationary pressures across the economy in annual terms the core CPI accelerated to a 40year new high of 6.6% from 6.3% earlier in a month."
US Core CPI
Pending