Nifty Above 23,800: What’s Next? | CA Rachana Ranade

"VIPRO expects a decline in its IT services revenue growth in constant currency terms in the first quarter of FY26. Very clearly they have mentioned that we may see a decline in revenue growth. Vipro expects revenue from IT services business segment to be in the range of $2,55 million to $2,556 million. And this translates to sequential guidance of - 1.5% to - 3.5%. - 3.5% to - 1.5% in constant currency terms."

"Infosys also not great numbers and the guidance they said that we expect revenue growth in the range of 0% to 3% in constant currency terms during the current fiscal year."

"And if you ask me according to me this is a classic example of trend reversal. Okay this has happened for bank nifty."

"Now what else has happened? Now, let us take this was the previous swing high. today this also has been taken out and now if this is also almost taken out I'll be really really really happy to see it close above this level and then Nifty is in the blue sky zone nifty bank will be in the blue sky zone there's no stopping I mean it's very difficult to then actually calculate what could be the next resistance"

"and in fact bank nifty can be the one which can give strength to nifty I'm repeating bank nifty can be the one which can give strength to nifty."

"You have banks and financial institutions which are showing a great performance based on technical analysis. The results are not yet out. Please please please the results are not yet out but technical analysis wise bank nifty is showing strength."

"it is number one it's interest rate cycle whatever interest rate cycle we would start with the lowering interest rates it is going to benefit banking sector"

"when can I say that the downtrend is over and when can I say that okay now there is a chance that it might start with an up move"

"Nifty chart is making W. Absolutely. It's like a double bottom that is being formed."

"crucial levels I've said this 23,800 that is the crucial level to watch out"

"Nifty on a weekly time frame has is showing an inverted head and shoulder."

"It could be possible that many people were short on Nifty and today they had to cut their shorts. So we typically call it as a short covering. So today's rally could be short covering."

"Because of tariffs, inflation will ideally increase. And if inflation increases, bringing down interest rates becomes extremely tricky. It's so very important that uh you know for a big country like USA, they have to maintain that nice... balance between inflation and growth which is what Jerham Powell said we are currently in a dilemma on where to give importance he's saying that tariffs will increase ideally they are highly likely is what he mentioned exact word highly likely to generate at least a temporary rise in inflation and if that be so again reducing interest rates is going to be tricky."

"if you want to invest in liquid funds would it be beneficial to invest in lumpsum or do sip? Oh, liquid funds is lumpsum. Absolutely lumpsum because it is like very low risk, right? And if you were to do an STP, that is great. Do lumpsum in liquid fund and do an STP uh from liquid to equity."

"I invest half quantity at breakout and half quantity I'll invest at retest just in case if it directly goes up I'm at least happy that half is invested if it come backs for retest I feel okay I've given enough chance uh for it to settle down on a specific price and then I've invested so best strategy according to me is half on breakout half on retest"

"4,667 crores of buying from FIS and DIS have sold 2,000 cr rupees. yesterday also they were net buyers 3,936. They were net sellers, net buyers, net sellers. But all in all there are still almost 20,000 crores in negative. they'll have to buy keep on buying for another few days if April were also to be ended in green."

"Tomorrow again a very very important video is dropping and I've talked about why India could really outperform in the current market scenario"