Nifty Consolidation Over? | CA Rachana Ranade

"if I were to join this this becomes a flag and pole okay not clearly but this is more of a Penance and if that be so the target comes to how do I do that clone and if I go to clone it I want to take it ideally it has to be seen like this 20 250."

"China inflation rate in China has decreased from point to percent in May 2023 to zero percent in June 2023 now this means this is this may go closer to something called as deflation and deflation is basically a scenario where prices of goods fall this is this is not a good sign for the economy"

"industrial production in India rose 5.2 percent year on year in May 2023 which accelerated from 4.2 percent in the previous month and above Market expectations of 4.8 percent"

"for a change inflation in U.S again uh cooled off quite a bit and it has now come down to almost three percent three three point one percent so a good news for USA"

"I personally believe that yes it is a sector which has been going down and down and down for a lot of time somewhere or the other there'll be Revival so will be interesting to watch I personally am not so bearish on it to be honest"

"and one of them could be definitely defense uh could be infrastructure so these two sectors are are one of my top favorites uh as far as the long term is concerned"

"and one of them could be definitely defense uh could be infrastructure so these two sectors are are one of my top favorites uh as far as the long term is concerned"

"third one which is the specialty chemical which is based on the capex team capital expenditure theme"

"excellent breakout better to hold question mark so first of all let me check out Kalyan Jewelers chart have not practiced a lot after IPO wow indeed it is a Breakout"

"as per this it is said but the target has already been achieved to be honest this is the minimum level as per this technical analysis pattern but this has been achieved"

"this low hopefully will be held is what I feel right now the stock is in consolidation for quite a long time it's almost in consolidation for last one and half month and I somehow get the feeling that maybe this will be sustained it means that the first higher low will be made"

"still going up and up and up ta targets met at R2 RSI 2 is at what level my God it has to ideally cool off from here is what I personally believe see uh it's it's already it has crossed R2 agreed but uh RSI is at a crazy level uh becomes a bit risky at such stages"

"it's a small Finance bank if time permits I'll do a separate live stream but if I'm not mistaken I already have a separate blog on utkar small Finance Bank"