ilmscore | Will NIFTY fall further? | CA Rachana Ranade

Will NIFTY fall further? | CA Rachana Ranade

Predictions from this Video

Total: 17
Correct: 12
Incorrect: 5
Pending: 0
Unrated: 0
Prediction
Topic
Status
Government extends duty-free cotton imports until December 31, 2025.
"government has said that we will extend this duty-free cotton especially imports up until 31st of December 2025."
Government relief for import duty waivers
Correct
GST rate cuts are being expedited and may be implemented before Diwali, which could boost overall consumption.
"a lot of groundwork is being done already so that the GST rate cuts are preposed owned and not held back up until Diwali. So if there is a GST red card stimulus way beforehand that could be a good point for uh for overall consumption theme"
GST rate cut stimulus
Incorrect
Tariffs exceeding 25% make international trade very difficult.
"See please understand whenever we are talking about 25% plus tariffs it's it's very difficult to actually go ahead and do trade with other countries"
Tariff impact on trade
Correct
Increased tariffs on BRICS nations necessitate greater cooperation among these countries.
"there is going to be a point where China is also going to be levied more tariffs. So both countries know. So that is the reason why I told you the tariffs on all the BRICS nations. It's high only for the BRICS nations. So it's high time that there is good cooperation in these five key brick nations."
BRICS cooperation
Correct
The Nifty index is expected to find support at the 24,300 level.
"What is the next key support according to me? Very very clearly visible support 24,300."
Nifty support levels
Incorrect
If the 24,300 support level is broken, the Nifty could fall to 23,800.
"if this gets broken then I feel our previous support that we were talking about 24 23,800 this support I should draw an old edge uh this this level 23,800 could could the doors be open for 23,000 800"
Nifty support levels
Incorrect
Nifty's weekly and monthly expiries will move from Thursdays to Tuesdays starting September 1st.
"today would be the last Thursday where Nifty will expire on a Thursday. Starting 1st of September, Nifty is going to expire on Tuesdays. So weekly expiry also on Tuesday, monthly expiry also on a Tuesday."
Nifty expiry day change
Correct
Sensex's weekly and monthly expiries will move from Tuesdays to Thursdays.
"Sensex which used to expire on Tuesdays weekly as well as monthly will now start expiring on Thursdays."
Sensex expiry day change
Correct
If a head and shoulders pattern on Nifty breaks down, the initial target could be around 23,500, based on the shoulder height.
"typically we say that in such a case the first target could be the shoulder height which is around 3% roughly from the neckline neckline say 3% will be around 23500"
Nifty head and shoulders pattern target
Incorrect
The speaker believes that the 24,300 level will act as a strong support for Nifty.
"I feel that 24,300 should hold good is is what I believe."
Nifty support at 24,300
Incorrect
The upcoming visit to Japan is expected to focus on trade, technology, security cooperation, alternative export avenues, and investment opportunities.
"I'm sure a lot of talks will happen around trade technology security cooperation it could be about alternative export avenues as well investment opportunities"
Japan visit outcomes
Correct
Maruti Suzuki's EV will be manufactured in India and exported to over 10 countries.
"the Maruti Suzuki EV is going to be manufactured in India but I think there were more than 10 countries plus to which these cars are going to be exported."
Maruti Suzuki EV exports
Correct
Discussions on trade and investment are anticipated during the Prime Minister's visit to China.
"it'll be really interesting to see what trade discussions what investment discussions happen between China and India"
China visit discussions
Correct
Despite various market events, Nifty has ended positively for the last 10 consecutive calendar years.
"last 10 calendar years all 10 calendar years Nifty has ended in green B whatever it is we have seen so many things in the last 10 years right you can just make a list of all these things but overall have the returns been in green and on a calendar year basis answer is yes"
Nifty historical performance
Correct
Periods of negative market sentiment present opportunities to buy stocks at discounted prices.
"whenever sentiment is bad that is when you can get stocks at discounted prices."
Buying opportunities during negative sentiment
Correct
The government is considering providing incentives to sectors like textiles, seafood, and gems & jewelry.
"There are also a lot of talks wherein you know government could incentivize these sectors be textiles, be it seafood related things the ones gems and jewelries that I mentioned."
Government incentives for key sectors
Correct
A future discussion will cover the application of Artificial Intelligence in investing.
"I'm going to talk about how AI can be used for investing"
AI for investing
Correct