Wait and Watch | CA Rachana Ranade

"So to avoid that what is a crucial support the crucial support would be 19336 okay so uh I hope you have understood that the crucial level again I'm repeating crucial level will be 19,3 and 36 one one okay so I hope this is absolutely clear okay now what will be the important key support 1% 1% if it goes below 19336 then what will happen then you'll have to check out for the second one which will be 19,26"

"India's largest import item is crude okay in terms of dollars and if that be so it is going to hit our you know Forex balance of payments it is going to hit our Forex reserves all in all it is going to have a negative impact on the markets if crude oil keep keeps on Rising so I feel war is directly not going to impact but crude oil because of war is going to take a toll on us and that may lead our markets into the downward direction if the war doesn't cool off if the oil prices don't cool off"

"it's a huge I mean just have a look at this such a huge time frame and we are heading back there we are at R R2 right now so maybe there can be some sort of resistance here but all in all not a bright picture at all for the markets if US Government bond yields keep on Rising it is going to impact our stock markets in a negative way logic is very very very simple if the investors especially the foreign institutional investors if they get an opportunity to invest comparatively at a higher rate and that to risk- free then investors fi typically love to pull out money from the market from the stock market and love to put put their money Park their money in the bond market so this is something which can also impact negatively"

"USA is playing very smart because if the crude oil prices keep on Rising it is also going to impact us negatively and to counter that to increase the supply of crude oil they are now easing the norms for Venezuela and if Venezuelan crude oil also starts coming in the market then Supply will be more and that is why the prices May cool off"

"so now again for those who have been following my channel regularly what what have we seen in the past typically when stock splits take place what is the biggest advantage of a stock split who can tell me let's let's do more of a dialogue today shashir says retailers will enter okay if if there is a stock split more and more retailers can enter okay and why is that so Shish anyone else can also answer I'm getting a feeling of me sitting in the class in the classroom you all are sitting and I'm asking you all to give answers one by one gorov India is saying that stock becomes more affordable absolutely uh Prashant also says that more people can buy it that's the exact logic right we have been discussing about this so many times on our channel that buying one stock at 24,000 is is a big pain but now what will happen is that because the price will drop by a tenth of course the number of shares will increase by by I mean into 10 right so just as an example if I have one share of nlate today at 24,000 then after split I'll have 10 shares at 2,400 so my ultimate value Remains the Same but more and more people can participate prices will reduce liquidity will increase and all in all because of the higher demand there are chances that in in cases of stock split typically what happens is prices tend to rise"

"overall if infra is boosting because of infra be it cement be it paints everything related to infra ideally should go up and with the budget the 10 trillion budget that has been allocated for infrastructure I feel the whole Space the whole industry be it cement like I mentioned right be cement or be something like paints all are ideally going to see a good volume growth and ultr Tech cement is one of the leaders in the space right"

"it's getting closer and closer this was the trend line that we had drawn let pull this further it's taking support uh but needs to sustain Above This above the P1 level 1226 not yet not yet there uh but yes I would definitely do a wait and watch on this it's very clearly sustaining at this level"