ilmscore | Fed Rate Cut | Stocks in Focus | CA Rachana Ranade

Predictions from this Video

Total: 10
Correct: 2
Incorrect: 8
Pending: 0
Prediction
Topic
Status
Nifty's next target zone is projected to be between 25,500 and 26,650.
"ideally the next zone that we should be targeting is 25,500 to 26,650."
Nifty
Incorrect
The next resistance level for Nifty is identified as 26,500 to 26,650.
"26,500 26,650 that could be the next resistance."
Nifty
Incorrect
Following a double bottom formation breakout, Nifty could potentially reach 25,915.
"if it were to zoom past this then till what level can it go up? And for that very simple if you have learned technical analysis what we do is we just check this height the W height we replicate this from the breakout and this comes to 25,915"
Nifty
Incorrect
Due to a clear double bottom formation, there is a possibility for Nifty to surpass 26,000.
"25,900 plus and that is the reason why I have mentioned in today's thumbnail that is there a chance that nifty can go beyond 26,000 this is the rationale we can see a double bottom formation very clearly."
Nifty
Incorrect
Nifty is unlikely to fall below 25,000 and has a good chance of advancing further.
"ideally it should not fall below 25,000 and there are reasons for that why it should not immediately fall below 25,000 in fact I feel there are great chances that it will keep on advancing a little bit"
Nifty
Incorrect
Once Nifty overcomes the 25,500-25,600 resistance, there's a high probability of it crossing and exceeding 26,000.
"25,500 25,600 is a crucial uh you know resistance once we clean that up. Wow. Great chances that we may cross 26,000 zoom past that as well."
Nifty
Incorrect
With US unemployment at a 3-year high of 4.3%, consumer demand for loans (home, car) is expected to be low despite interest rate cuts.
"US is at the highest level of unemployment right now at 4.3%. Is this something scary and answer is yes. Now you can imagine if people don't have the shortity of their jobs even though the interest rates are cut there are very less chances that they'll still go for a home loan or a car loan or whatever."
US Economy
Incorrect
Following the Fed rate cut, there's a high probability that India's Monetary Policy Committee will also reduce interest rates in their October meeting.
"with the decrease in Fed fund rate, the central banks around the world get an opportunity to cut rates. Okay. Now, when is India's monetary policy committee's meeting planned? That is planned in October. Okay. I I don't remember the exact dates but it's in in the month of October. And now there'll be great chances that India will also decrease the interest rates."
Indian Interest Rates
Correct
Based on a double bottom technical pattern, Nifty has a potential to reach 26,000 in the short to medium term.
"based on technical analysis I can say double bottom and there's a chance that nifty may go closer to 26,000. I'm not saying it'll happen tomorrow. It'll happen in this week, next week, whatever in the short to medium term. It it can touch 26,000."
Nifty
Incorrect
In India, banks, NBFCs, real estate, and auto sectors are expected to benefit from interest rate cuts due to increased loan growth and interest income.
"sector which which ideally should get immediately benefited out of that is banks and NBFCs. Simple if in India I'm talking about it in India when the interest rates lower people will take more loan more loan is equal to loan growth for banking stocks and interest rates I sorry interest income per se will increase for them so banking and BFC stocks are number one uh number two what I can think of is real estate uh auto uh they can be good beneficiaries"
Sectors impacted by rate cuts
Correct