Is the worst over for nifty? | CA Rachana Ranade

"18,800 is the first big support if that which is where we have closed today and if that is broken then I feel the second support should be around 18,500"

"the worst level that I can see as of today is also what we are going to discuss uh but before that before I discuss the worst level are you getting a confidence on 18,800 level did you understand why I came up to that level why did I derive that level if you have understood this just quickly put up a yes in the chat box if you feel you can also smash the like button uh because you know I'm just trying to see the ratio today I can see a lot of people joining in almost 2,400 people are live right now but out of 2,400 2,500 people number of likes 300 43 343 so quickly smash the like button at least take it Beyond thousand at least and I can see a lot of yes in the comment section yes it's a good news m g rajal is also happy with the level uh Sayad is saying yes but no confidence that it will hold exactly now that is the second question that we have to try and understand that if this is broken then what okay uh okay uh Pros says I had hit like within 100 still barely 700 likes 2,500 viewers uh sidhar says when the market Falls highest views I know sidhar everyone uh wants to know what could be the worst worst thing is that that is the reason why a lot of people are here but others also you have to pay attention that even on other Thursdays also we give a lot of input and I'm sure those who attend every Thursday they feel very confident about what is happening in the market you know it's it's an investment in time for barely half an hour every week once a week half an hour if you invest your time you'll get to know about what's happening around the market of course you're not going to get any tips here unfortunately but you will get a global view about the economics you'll understand the levels in Nifty you'll understand about some stock specific news and so many points that come up during our Thursday live streams so every Thursday at 9:30 p.m. u i do make a specific effort of not missing any Thursday live stream today also I had gone for a party and I'm back before 9:30 and I'm here doing the live stream with you all PR says I had bunked last Thursday class to watch the match live in pun but I did the homework by watching the video thank you thank you for now okay so 952 likes 2650 number of viewers that are watching live uh fat fat Chell take it past thousand uh so what did we discuss 18,800 I hope you're writing this down second one is 18,500 the psychological support third one we said 18,200 but I personally feel 18,800 can be honored a little bit is what I feel but uh right now I know us markets are also not doing that great not good news coming in from uh Europe uh and and there are a lot of pain points which are also there in the market a now I'm going to tell you some amazing information okay and this information is going to be about how can we try and correlate what happened during the Russia Ukraine war how did the markets react how much Point Fall how much points fall did we see during the Russia Ukraine war and if that were to repeat if we were to go ahead with history repeats itself criteria then what could be the possible fall is what we are going to understand right now okay now I want everyone to pay attention if you have a pen and paper I would want to write I I would want everyone of you to write down these levels of what happened actually what I will do for your benefit I'll quickly share my screen also so this is just small data points that me and my team had just uh you know quickly jotted down uh no fancy presentation per se uh but this is just some quick information for you all okay let me just check on my mobile as well if you are able to watch this properly because I've Done It On full screen I'm not sure whether you able to watch this or not just quickly checking it yes it's visible okay fantastic right now if you see here 23rd February was the day when Russia Ukraine war broke out okay our Market reacted on 24th February where we saw almost 500 points gap down okay please pay attention to this data 17th June so February to March April May and half of June so three three and a half months within next three and a half months markets went down to 15,34 this was the lowest point so what I've done the day when Russia Ukraine war broke out I've dotted that level and the lowest point on the lowest the lowest point that we saw that that was on 17th June I've also dotted that point now try to calculate how much was the percentage downfall the percentage downfall was 10.2% okay now that happened in how many number of days that happened in barely 115 days less than four months okay previous high that we saw was around 19th of October that is 18,617 so now if you can see just just pay attention Okay 18 19th October this is 2022 not 200 correct 2022 I'm referring to correct after that you can understand then 17043 then 16545 then 15,34 so if I calculate the total fall from the highest point to this point this was around 17,7 17.7 n% so was that from the alltime high I'm saying the then alltime High to the Russia Ukraine lows it was around 1.79% fall and a fall of 240 days I don't think we should really focus on this right now but what we can focus is on this 10.2% downfall that is from Russia Ukraine war till the lowest point now let's try and understand what is the current scenario Israel hamus war 15 September 2023 Nifty was at 20,38 points okay Nifty on 6th October before the war broke out or I can say the day the war broke out it was at 19,618 opened barely 100 points gap down around that and a lot of ground was covered on the same as well okay now Nifty today since that day Nifty today is 18,857 okay now if you can see fall from the alltime high is 6.36% but fall from 9th October the day that this fall started is 3.85% now if I were to calculate uh 19516 let me just quickly calculate you can also calculate for yourself see here what we are going to do is this was almost a 10% fall right point2 bulj 10% fall so if I were to do 19,618 cut 10% fall what does that come up to quickly tell me what is your answer 19,602 10% fall what is your answer fa tell me this is the worst case scenario that I'm discussing okay worst case I I personally do not uh feel uh that this level could really come up uh I'm getting quick answers and correct answers and the answer is 17,6 51.7 that is what even I've calculated roughly 10% down it's 17,6 51 rounding off to 17,600 okay is that a little bit scary level if you ask me kind of yes 17,600 seems to be scary we are at 18,800 right now so that is another 800 points down from here okay now if you ask me do I feel that this is going to be achieved right away my answer is no I don't think this will this will be achieved right away but then what could be a strategy in this is the next big question okay so whatever I'm doing right now so first of all what I did was technical analysis okay by technical analysis that is how I calculated the 18,800 level second thing what we do is basic understanding of the market and basic understanding of the market I also have my course right on basics of stock market where I've also discussed in detail about how different situations impact the market so we have discussed how elections impact the stock market I had I had uh told I have told in that course how you know different situations like War impact the stock market so if you have still not you know checked out my course on basics of stock market please do check that in that I have not explained only 70 plus terminologies about stock market but I've also you know mentioned about how different conditions impact the stock market also don't forget to check out my course on technical analysis whereby you will understand how you can typically understand different levels the buying levels uh the selling levels a lot of things is what we can understand in that course a before before there's also one more crazy point that I have to discuss about uh the PE Ratio but before I talk about the PE Ratio last Thursday I just recalled one point related to the last Thursday would quickly want to clarify that uh so I'm just pulling out my website which is rar.com we'll definitely go ahead with uh stop screen Q present screen share H all right uh quickly sharing my screen so just in case for those who have returned to our Thursday live stream after a long time 3,500 people watching live if you have forgotten about our courses these are the three levels of courses one is a beginner level course one is an intermediate level course one is an advanced course and if you click the other courses tab that is where you can see mastering money management INR Ada mastering money management in Telugu mastering money management in Tamil if you want to learn in my mother tongue mastering money management in Marathi that is AR and mastering money management course in in English as well so it's a very very happy moment for me uh because you know like our prime minister Shri Narendra Modi G had come up with this concept of haranga I thought of coming up with harar investor campaign and because it is an harar investor campaign I thought that I should come up with my courses in all possible languages so to kickart I have come up with English marati Tamil Telugu and Canada so if you really want to learn in your own language then please don't forget to check out rachar ray.com and c a r r YT is the coupon code that you can use uh so that you can also get some additional discount that is what you can see on the screen as well uh I can see few more language requests coming up one is in Bengali someone is saying Rajasthani uh we'll we'll we'll try and come up with those languages as well in the near future but as of now five languages uh so you can definitely check that out right well so uh now let's go back to our discussion about uh we talked about levels so three levels is what I feel we should keep in our mind right now and what could be a strategy I'll tell you what am I going to do most important Point coming up okay what am I going to do in this fall am I selling off my shares from my portfolio right now my answer is no everyone has to take their own decision is this an investment advice no is this any Buy sell advice no of course not I'm just telling you what am I going to do because I am a long-term investor I don't believe in timing the market I believe that yes we should try and look at situations from a different perspective so I believe this is like a pre- Diwali sale okay that has started in the market and because it's a pre- Diwali discount offer that is running in the market I should try and see if I can average out some good stocks see I'm sure that everyone might have seen right now that there there were certain stocks which were which are very good which are fundamentally strong stocks but they were available at very high prices until last two or three weeks okay so I'll before I talk about uh the p ratio I would just just quickly want to tell you again I'm presenting my screen but please please please this is not a stock advice right but I'm just quickly telling you how can we check the fall in share prices and how can we really benefit from that now if you see here I discussed that index fell by how much percent 3.45% this week one day is remaining okay index has fallen down by almost three and a half% top five stocks I mean top five stocks that fell this week UPL adani Enterprises we jsw steel divis Labs sta Motors okay we we are not going to discuss about these stocks just took this from a a website but big names is what I would want to focus on okay Market has fallen down by three and a half% but big names like L&T has fallen down by 5.4% infosis has fallen down by 5.6% example Titan has fallen down by 5.5% so what what am I going to do whichever stocks are there in my portfolio and if I feel that yes yes this is a fundamentally strong stock I feel that this is a good level at which this stock is at right now I am going to invest onethird of whatever I plan to invest okay out of these stocks or whatever additional stocks I've talked about this so many times on on our channel that yes I I am invested in stocks like recc in BH AEL in Dixon Technologies whatnot whatever la la la la L&T whatever so out of whatever stocks I feel that okay these are fundamentally strong stocks and assume that I were to invest 100 quantity in some XYZ stock out of that 100 one3 so around 33 stocks okay I would want to invest at this very level I'm going to do that okay so tomorrow only I'm going to track the market tomorrow or on Monday if I'm getting the stocks around the same level in fact what I'm going to do is that I'm also going to uh average or add more into my nift 5050 index mutual fund okay or I may also add up in Nifty ETFs right so one more time I'm telling you either in Nifty ETF or nifty50 index mutual fund 18,800 is my first support level can this be broken very well yes can the market rebound from here very well yes no one knows whether this is the rock bottom or not and that is the simple reason why you have to test yourself you have to test your patients and you have to keep on averaging at three or five levels so either you go 1 1 1th 1 1 or you can go 1/3 1/3 1/3 so what I personally am going to do I'm going to invest a third at this current level 18,800 the next one third I would go around I would wait and watch a little bit and would invest somewhere around if you remember there was an 18,200 level also and the third one was around 17,600 the worst level that I can see as of today okay so these are the three levels that I have written down for for myself and I would want to invest at these three different levels uh so now comes one more question that is that okay we have understood the levels uh everyone can do their own analysis whichever stocks you feel are fundamentally strong if you feel okay even I feel these are the levels or maybe someone is invested in an index at a Nifty level only and if you feel that okay these are good levels my suggestion to you all would be please never invest at one time it's never wise to invest entire money at one shot do your own analysis and invest at multiple levels this is nothing but like doing an sip right but instead of every single month you chalk out levels for yourself and you can you know uh invest at these specific levels uh now what can be done the next point that we have to try and analyze and I think that should be just last one or two points now you have to understand that what is the PE ratio of nifty as well because I did see certain comments that uh what about PE is it is it the market expensive even today or not or is market now available at a comparatively lower price so I want try to check that p ratio in the last u i I checked for last almost three four years data high that I could see was around 22.8 one I'm repeating p ratio High I could see in the last few months here it was around 22.8 one p ratio today as on date is 2.29 okay please don't calculate percentage for and all that okay it's it's multiple okay percentage generally is not to be taken out here so 22.8 was high 20.2 n is where we are today and in the last one year the lowest multiple that we have seen I'm repeating the lowest P multiple that we saw in the last one year was around 19.97% should like crash like anything unless and until some you know there are some some improvements uh a negative improvements I should say in war related situation uh we I mean no one would want that but there are things which are beyond our control and unfortunately if the war keeps on continuing and if more and more countries were to take sides then the the worst levels that we discussed today around 70,600 hopefully doesn't happen I am always happy when all my money doesn't get invested I'm happy even if only one third gets invested but a deep cut in uh Nifty is not what uh a lot of people enjoy right but are there further reasons which could lead into a slight deeper cut and answer is unfortunately yes if you have been following my Thursday live streams regularly without fail we have been talking about something known as bond yields right and if you following the US bond yields they have crossed the Benchmark 5% rate 5% for US 10year Treasury the bond yield right for 10 year treasury treasury bond 5% is like very high and it touched 5.02% on Monday where it broke a 16year high now what happens is that typically when US 10year Treasury bonds keep on hitting higher highs obviously FIS are going to be tempted to sell from our Market or any other market right and they're going to shift their money to bonds now if more and more bonds are being brought in of course it is going to impact the yields uh so always remember yields and stock market is going to go in an inverse relationship if the yields rise markets are going to fall and maybe that is the reason why the rising yields are the reason why fi have been net sellers for almost last two three months so uh FIS were I can just check out the data quickly August also they were net sellers September they were net sellers August is 20620 crores September is 26692 crores net sellers I'm telling you and even for the month of October they are net sellers still date it is 17,39 crores so if FIS are still continuously on a selling spree that again is not a good sign of course because of amazing retail individual investor support because mutual fund sips are hitting higher highs that is the reason why at least dis have the power to you know buy or absorb the supply that FIS are actually putting or pushing in the market so uh although F have been net sellers in the last three months diis have been buying in uh but if they keep on selling that's not going to be a very good sign that is one point second point is the rise in US dollar Index U okay so if if you are not really aware about what is US dollar Index IND I'm not going to go into a lot of details today but we'll just quickly tell you it's it's an index which is like a basket and basket of six key major currencies in the whole world okay now if US dollar Index if that gains strength then again it is not considered as a good sign for stock market so you can just remember this just or if you can note it down if you want dollar Index and stock market is again going to have an inverse relationship if dollar Index Rises our Market is going to fall and vice versa so if you want to write write this down yields and stock market also inverse relationship dollar Index and stock market also inverse relationship and typically yields bond yields and dollar Index they go hand inand they go in a direct relationship okay so I hope you have understood because yields are rising that's not a good sign for our Market because US dollar Index is rising that's not a good sign for our Market and that is the reason why I feel that even though 18,800 is a very solid support technically U if it gets broken I would not want to you know be like oh my God I've invested my entire money I would never do that anyways but uh I feel that is the reason why investing in chunks from this level makes sense right the final blow uh from the macroeconomic perspective uh I'm going to tell you is about a possible recession in England okay okay I want everyone to pay attention to this as well there is a possible recession in England and why am I saying that first of all just in case if you don't know what is recession it's usually defined when GDP Falls for two quarters in a consecutively basically in a row back to back if GDP Falls then we say that an economy is going to a is going into a recession now the quarterly GDP growth of UK for the previous two quarters was 3% and 2% which was indicating a decline and there is a likely recession so if this likely recession turns into an actual recession then this is again going to cause a big problem what about the interest rates in England again interest rates are still at a very high number it's at 5 so 5.25 and 6.7% these these figures are crazy and what is the target it's 2% so interest rates not in check uh if I'm talking about chances of recession yes two bad news from England us bond yield very high US dollar Index very high so all in all from a Global Perspective if you ask me it's not a very happy news uh and that could be a possible reason why we may expect a little bit more cut and uh just wanted everyone so so uh in such situations I always give a disclaimer that I would be really happy if the market proves me wrong uh if markets were to say that R you know 18,500 never never happened 17,600 never happened it just bounced back from here I would be happy uh to be proven to be wrong I always love when markets are going higher and higher uh but looking at the overall Global News see what what my intent is is that because everyone who is watching this stream right now I'm sure that you are not full-time into markets I'm sure everyone is either doing a job or you have your own business or you have your own profession uh and that is the reason why I feel that you may not find time to follow macroeconomic news related to bond yields or dollar Index or about the war updates about stock market so if you do not find time then I I do have a team to help me out to compile data and what I try to do is just summarize this data try and put it in a crisp format and put it in front of you during our Thursday live streams so that is that is the whole thought process right uh so those who have been following the channel regularly know this nothing about tips 100% knowledge is what you can definitely get here I would quickly want to welcome a new members chirag khim sukant Gita uh Manoj PGT uh then samaji all welcome all to memberships um I hope few more abhinandan and uh am I done all right okay Imran sa Krishna a big big big welcome to everyone to our memberships uh those who have joined comparatively recently uh you might be aware uh that we have recently stopped uh super Chats on our Channel reason being very simple I just wanted to ensure that I try to give maximum attention to everyone's chat that is the whole thought process and I'm very very happy that a lot of people have joined in today and would request everyone who is watching the stream today that you should make a point to watch the Thursday live streams at least first 20 minutes first 25 minutes wherein I I try my level best to summarize the whole economic situation I try to summarize the key points that have happened in a whole week and I try to put it in front of you so if me and my team are taking efforts and if more and more people are there to watch always uh is is a good pleasure to uh watch uh you know so many people checking out this live stream a big big big thank you to rajes and Gifts membership to others this is how it's not about only you who is taking the membership you are ensuring that you make other others join the membership and you help my mission of uh spreading herar investor and by the way Rajesh congratulations your membership has been gifted to meet Shaha so meet you are the lucky one uh YouTube has gifted you the membership which rajes has rajes has actually gifted it to you uh and a big thank you big shout out to rajes again for keeping up the Spirit uh even rajeshwar uh big Welcome to our memberships any quick questions I've been talking for the last 45 minutes uh but uh quick questions if you have anything you can just ask me is saying thank you rajes thank you says me okay quick quick questions if you have any on the macro level things is is what I would want to ask because right now speaking about stock specifics uh doesn't make a lot of sense if you have any questions on whatever I uh discussed right now in the last almost 40 45 minutes I would really love to discuss about that as well um and of course like I mentioned if you want to invest in knowledge rachar ran.com is the website and C YT is the coupon code Puja if you can just paste the link and also pin the courses page Link in the comment section below uh it'll be easier for everyone to check the courses uh oh this is not related to the market right now but what is the rule of 72 72 basically tells us within how much years your investment will double so just as an example if Market is giving a return of 12% as an example so 72 divided by 12 okay in six years your investment will double that is a rule of 72 okay porel sorry porcelan m is asking is us also going to a recession not yet um I mean there were certain talks about that but uh not as of now that is a link that uh Puja has pasted you can also check that out ranit G says I feel it is now sell on Rise Market rather than Buy on dips exactly now everyone's perspective uh sell on Rise if you're doing that that could be definitely like uh you're trying to time the market might not be possible for everyone so that is also important that you keep a track on the market rajes is saying HDFC bank is breaking all crucial levels your thought please uh in fact HDFC Bank was one of the stock of the months that we discussed where in the stock of the months I try to analyze various sectors and various companies in each sector and I try to teach how to analyze companies from different sectors so if if you were to analyze a bank then there are bunch of parameters that you have to check and while I did the analysis of HDFC Bank Bank while I while I try to know summarize a lot of information that is available in the public domain uh about HDFC Bank HDFC limited merger uh and how they have an advantage everything is there in the management con call but again you know con call is huge the transcripts run into pages so just try to summarize this and uh although the bank is breaking crucial levels I feel fundamentally uh if you check the finances it's a very strong stock uh so again you can do your analysis and anyone who is investing in strong stocks you should have a patience of four five years stocks these are like stocks of nifty50 top 50 companies of India so uh have patience uh believe have faith in the India story and uh I think just stay put okay um RMA is asking gold is also inversely proportional to our markets and answer is yes Rima but that would typically happen in the short to medium term if you take a long-term perspective gold and Market both go hand in hand typically in the upward Direction uh but if you ask me how much percentage gold should be there as a part of your portfolio typically uh you know what what I personally feel is and and a lot of Market experts also have a similar opinion out of your total portfolio 10% should be invested in Gold okay this is general theory you can also search it on the internet uh gold basically gives a cushion to your overall portfolio Okay because if you're if Market start going down then gold will actually help you keep your portfolio float so uh 10% is a base thing that you can check himan is saying going by uncertainty over Middle East conflict and past history of Market Behavior I feel Market may go down to 17,900 and then retrace for the next Bull Run hopefully absolutely uh but you know uh like like I always say 17,900 or 600 very difficult to gauge the exact Rock Bottom so always better to invest in branches do you spoke of rule 72 do people rule if fire do people rule if fire Ranjit G what is that the fire is basically uh Financial Independence Retire early uh so if if you can save more uh ideally you can save more and if you can invest wisely then definitely that is you can achieve fire at a younger age nikil says macro level analysis was superb thank you nikil and what is the status of likes people like status if it is bad if you still not hit the like button quickly smash that like button first uh because you know putting up all this data at one point and trying to break it down simplify it it takes a a lot of effort uh have tried my level best to do that and I hope everyone is enjoying this macro level analysis otherwise you know what we were taught in school about economics it seemed so boring economics always felt like does it really even have some practicality but when I started to learn about economics in fact I do have a separate course on economics for stock market where I teach about how how to interpret GDP how to interpret crr SLR PMI so many points I've discussed in that course on economics for stock market Puja if you can also paste the link of that course in the comment section Doom s l yr welcome to YouTube memberships all right uh rajar saying your chat is very helpful thank you uh someone is asking about Bank of Maharashtra yes Bank of Maharashtra had done a video on our Channel only please do watch that uh I I had done a detailed analysis I think I done the analysis uh while the q1 numbers had come up basically analysis as in I just tried to compare whatever were the q1 results uh with the other PSU Banks their q1 results and Bank of mahra q1 results oh Mano is saying what should we do with our stocks which are on profit again that's that's a very personalized thing that you can do uh I mean I I just generally uh whichever are my long-term stocks I I never book profits in such stocks but uh you know when I buy stocks with a very definite time frame when I buy stocks with a particular Target and if that Target is hit then I book profits okay so for example I had taken an entry in a stock with a double bottom formation pattern or let us say with a cup in a handle pattern or a flag pattern it did hit its Target price its Target price but assume assume I did not book profit there now Market is correcting and then I feel okay anyways I'm in profit I may book profits at such stages also but if I'm talking about stocks which are which I have bought for a very long-term perspective I would not uh sell them kalpak welcome to memberships so rule of fire you are saying R saying rule of fire 25 times of your yearly expenses plus debt free house is equal to ready for retirement any review of utso 2022 no okay so I think uh have taken I did take a lot of macro level questions today to be honest uh okay bhav is asking do you think the crude oil price will keep on surging if other Middle East Asia countries typically the Arab uh countries if they also keep on participating in the war and if they cut or if they decide the opic countries come together they decide to cut the supply uh then it can uh have a I mean it can lead to an increase in the crude oil prices but uh last Thursday live stream also had mentioned that America is playing it pretty smart uh they are allowing venesuela to increase the supply of crude oil and Venezuela I think is like the third highest it has the third highest reserves about crude oil so if they're allowing Venezuela to bring in their crude oil in the market supply will again increase and that can help help to cool off the crude oil prices as well so uh that is that is an important one I love that question kalpak is saying my mom liked your Kur she's asking where you got it from there is a store in pun I think it is kaj or Jin maybe maybe one of those um okay jjar welcome to memberships um missed the session which one 42 months member Mur is also 16 months member we see C and handle and many other patterns on stocks but in current condition should we still consider that it would hit Target price in medium term uh difficult uh typically cup and handle and up flag and all these uh are uh you know the chances of these hitting their targets are more when the market sentiment is good uh typically if uh the market sentiment is very bad chances of them uh hitting those targets can be a little bit less okay rafid your recommendation of Karnataka Bank a year ago was super call for me no no Rafi you you're getting it wrong I don't give any recommendations uh any stock that I discuss on the channel is from the perspective of telling you the whole data point in a summarized format uh no recommendations on the Channel please please don't uh take that any any video on the channel is is nowhere even close to a recommendation ranit G is bringing in some positivity tomorrow is next fresh monthly cycle plus Diwali Vibes Positive Vibes in my opinion till Diwali and that is the reason why I'm telling you right today because everything is down south everyone may come up with lower and lower level targets so I believe that this is surely a time that I'm going to put up my first one3 run in the market tomorrow most probably tomorrow otherwise Monday Rashi saying two years and 9 months she's a member very nice PR Shen is asking ma'am can Market retrace tomorrow okay all right Raj Ramesh welcome to memberships fantastic I think a lot of people joined in today uh was a great session almost one hour into the stream almost 3,000 people watching live still and uh today's whole thought process was just to tell you about the overall macroeconomic situation was to tell you that don't feel scared could could we see a little bit cut From Here possible but overall if you're asking about the economy as a whole we are still doing very well as compared to other countries so have Fai faith in the economy have faith in stock market investing especially from a medium to longer term perspective if you ask me what will happen tomorrow I don't know if you ask me what will happen within a week it's very tough to exactly get to those numbers but macros are intact we are doing well as compared to any other uh economy and uh I would I would definitely suggest everyone to stay calm whenever you're taking any decision think through your decision analyze your decision properly and then only take a Final Call of whether you are wanting to buy or sell whatever don't take up any decision in panic don't hit the panic button think through do your proper analysis and then take a final call so today's live stream main intention was to calm you all down uh I personally feel just to wrap up the whole story 18,800 is a very good support according to me if it is broken second could be around 18,200 levels third could be around 17,600 levels so I hope all in all you have gotten a fair enough idea uh and I hope you enjoy today's live stream please keep on watching these Thursday live streams every Thursday and I love this as a last comment coming up uh that I always love the macroeconomics session on Thursday live streams people are developing interest in macroeconomics or right all right I I hope you enjoyed today's one I'll see you on the next till then take care Jin and byebye"

"18,800 is my first support level can this be broken very well yes can the market rebound from here very well yes no one knows whether this is the rock bottom or not and that is the simple reason why you have to test yourself you have to test your patients and you have to keep on averaging at three or five levels so either you go 1 1 1th 1 1 or you can go 1/3 1/3 1/3 so what I personally am going to do I'm going to invest a third at this current level 18,800 the next one third I would go around I would wait and watch a little bit and would invest somewhere around if you remember there was an 18,200 level also and the third one was around 17,600 the worst level that I can see as of today"

"if you are following the US bond yields they have crossed the Benchmark 5% rate 5% for US 10year Treasury the bond yield right for 10 year treasury treasury bond 5% is like very high and it touched 5.02% on Monday where it broke a 16year high now what happens is that typically when US 10year Treasury bonds keep on hitting higher highs obviously FIS are going to be tempted to sell from our Market or any other market right and they're going to shift their money to bonds"

"if US dollar Index if that gains strength then again it is not considered as a good sign for stock market so you can just remember this just or if you can note it down if you want dollar Index and stock market is again going to have an inverse relationship if dollar Index Rises our Market is going to fall and vice versa"

"there is a possible recession in England and why am I saying that first of all just in case if you don't know what is recession it's usually defined when GDP Falls for two quarters in a consecutively basically in a row back to back if GDP Falls then we say that an economy is going to a is going into a recession now the quarterly GDP growth of UK for the previous two quarters was 3% and 2% which was indicating a decline and there is a likely recession"

"if other Middle East Asia countries typically the Arab uh countries if they also keep on participating in the war and if they cut or if they decide the opic countries come together they decide to cut the supply uh then it can uh have a I mean it can lead to an increase in the crude oil prices but uh last Thursday live stream also had mentioned that America is playing it pretty smart uh they are allowing venesuela to increase the supply of crude oil and Venezuela I think is like the third highest it has the third highest reserves about crude oil so if they're allowing Venezuela to bring in their crude oil in the market supply will again increase and that can help help to cool off the crude oil prices as well"

"typically cup and handle and up flag and all these uh are uh you know the chances of these hitting their targets are more when the market sentiment is good uh typically if uh the market sentiment is very bad chances of them uh hitting those targets can be a little bit less"

"out of your total portfolio 10% should be invested in Gold okay this is general theory you can also search it on the internet uh gold basically gives a cushion to your overall portfolio Okay because if you're if Market start going down then gold will actually help you keep your portfolio float so uh 10% is a base thing that you can check"

"Could could we see a little bit Cut From Here possible but overall if you're asking about the economy as a whole we are still doing very well as compared to other countries so have Fai faith in the economy have faith in stock market investing especially from a medium to longer term perspective"