This Diwali belongs to? | Bulls or Bears? | CA Rachana Ranade
Published: 2023-11-09
Status:
Available
|
Analyzed
Published: 2023-11-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If Nifty breaks through 19,500, it will act as a solid support, signaling the start of a real rally.
"19,500 will really act like a solid support in that case and then we may say that this is where the real rally is going to start."
Pending
If Nifty closes above 19,495, it will enter a bullish trend.
"19,495... if Market is able to close above this red line then markets will be in a bullish Trend in that case."
Pending
The level of 19,467, rounded to 19,500, is identified as a significant level for Nifty.
"19,467 let us round it off to 19,500 for the time being."
Pending
The 50-day moving average is pointing to 19,447, which is effectively 19,500.
"19447 so 50 days moving average is also pointing out to the same figure and which is that 19,000 500"
Pending
If Nifty closes above 19,500, the large open interest at this level will likely cause an unwinding of positions, leading to a fast rally.
"then you can imagine these 1 lakh 12454 they will have to unwind their positions and this can lead to a fast rally"
Pending
A break above 19,500 could lead to an easy 100-200 point rally.
"then in that case 200 300 points can just Market can just Breeze through at least 100 200 points to easily I feel that is why 19,500 is what we have to check out very very very closely"
Pending
The observed candlestick pattern is identified as a bullish harami.
"this is known as a bullish harami candlestick"
Pending
The number of SME IPOs launched in the current calendar year has surpassed the previous record set in 2018, and this trend is expected to continue for the remaining two months.
"147 issues launched in the market this calendar year till date which broke the previous record of 141 IPOs this is again IPOs 141 IPOs launched in 2018 so and of course two more months to go so this is still going to be a sizzling place"
Pending
Falling demand in the US and China is identified as a primary reason for the recent drop in oil prices.
"falling demand so one reason I can say but from two countries I should say two countries same reason it's the falling demand overall demand is slowing down in which two Nations two major economies of the world one is USA and one is China"
Pending
Deflation in China may be linked to the drying up demand for oil, suggesting a broader economic slowdown.
"China saw deflation and I think again that we can correlate with the point that because of you know there was a drying up demand for oil and I think this can also be correlated with the deflation in China"
Pending
To combat deflation, China might consider lowering interest rates or implementing stimulus packages to encourage spending and move towards inflation.
"typically to pull out the economy out of deflation they would want people to spend more they would so and for that it's possible that they lower the interest rates if not uh they would want to give some package so that people get more money they they'll spend more and that is how they at least come into the inflation Zone"
Pending
US 10-year treasury yields have fallen from 5% to 4.48%, and their stabilization or further decrease would be noteworthy, especially in light of Jerome Powell's upcoming statement.
"from 5% it has cooled off quite a bit there already at 4.48 and if at least even they stabilize or maybe just go lower of course it'll be interesting to watch what jeromi poell has to say tomorrow"
Pending
A MacBook version of the courses is expected to be available within two to three weeks, after a long development period.
"maximum within two to three weeks today I saw the MacBook version first time by myself I was happy uh and uh till date we were not my my develop my development team was not able to you know get it get a solution for MacBook but I was super happy to see my courses run on MacBook today"
Pending
A specific industry is identified as having strong bullish potential.
"I have done analysis of a specific industry which I feel it's really bullish definitely I'm bullish on that industry as a whole"
Pending
The downside for MTAR Tech is likely limited, and the defense sector as a whole is expected to remain strong fundamentally.
"I think not a much of downside is what I feel here fundamentally anything in the defense space is is not going to die out"
Pending
A dedicated video on the defense sector is planned due to high audience interest.
"I am going to do a separate video on defense sector again a do you remember when I had released Ed a video recently I had asked if you would want me to make a separate video about defense sector and there were so many people who said yes we want a separate video on that"
Pending
MTAR Technologies experienced a sharp stock price decline following its quarterly results, where PBT decreased despite a marginal increase in operating profit, indicating negative market sentiment towards the results and commentary.
"MTAR Tech today the quarterly results came up and operating profit has marginally increased but finally that PBT has decreased okay and if you go through the commentary and few other points was not liked by the market and it saw a sharp result"
Pending
Based on technical analysis and past price movements, MTAR Technologies' downside potential is perceived to be limited, with support levels identified around 2,200 and the 200-day moving average near 2,143-2,150.
"I personally feel 2,200 based on technical analysis based on the past price movements look good looks good what about the 200 days moving average let's quickly check that as well oh let's go on a daily basis and check the 200 days moving average see see we had not even drawn this line we just drew it right now sometimes your eyes identify levels and then other indicators will identify so as per our level it was coming to 2200 this is coming to 2150 2143 more or less"
Pending
Nifty 50 is expected to find significant support around the 19,500 level, with resistance seen at 19,467, and the Super Trend indicator suggesting a bullish trend if the market closes above 19,495. The 50-day moving average is also pointing to support at 19,447.
"19,467... 19,500... 19,495... 19,447"
Pending
If Nifty 50 breaks above 19,500, the large open interest at this level could lead to a rapid rally as traders unwind their positions.
"if that is broken then you can imagine these 1 lakh 12454 they will have to unwind their positions and this can lead to a fast rally"
Pending
A bullish harami candlestick pattern observed on the weekly chart suggests a potential bullish reversal for Nifty 50.
"this is known as a bullish harami Candlestick"
Pending
The number of Small and Medium Enterprise (SME) IPOs in the current calendar year (2023) has surpassed the previous record set in 2018, indicating a significant increase in IPO activity.
"147 issues launched in the market this calendar year till date which broke the previous record of 141 IPOs this is again IPOs 141 IPOs launched in 2018"
Pending
Following a sharp rise at the onset of war news, oil prices have experienced a significant decline from a high of approximately $93.84 to around $8.43.
"When The War news started to break out very fiercely that was a time when oil prices saw a sharp price but after that you you can see that oil prices have fallen crazily top most price that we saw here was around 93.84 and from there it has slid down to almost 8.43 level"
Pending
The primary reasons for the fall in oil prices are identified as slowing overall demand in two major global economies: the USA and China.
"what led to the fall was two major reasons falling demand so one reason I can say but from two countries I should say two countries same reason it's the falling demand overall demand is slowing down in which two Nations two major economies of the world one is USA and one is China"
Pending
China has experienced deflation, which is correlated with the reduced demand for oil.
"China saw deflation and I think again that we can correlate with the point that because of you know there was a drying up demand for oil and I think this can also be correlated with the deflation in China"
Pending
US 10-year Treasury yields have decreased significantly from 5% to 4.48%.
"from 5% it has cooled off quite a bit there already at 4.48"
Pending
The defense sector is expected to remain fundamentally strong and not decline.
"fundamentally anything in the defense space is is not going to die out"
Pending