ilmscore | Another 10% Fall Expected? | NIFTY | CA Rachana Ranade

Another 10% Fall Expected? | NIFTY | CA Rachana Ranade

Published: 2024-11-14
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Key support levels for Nifty identified as 23,300 and 22,800, following a potential break of 23,800.
"if 23,800 is broken then 23,300 is the next support. ... the second one that I discussed was about 23,300. ... if this is broken let us see at around this level ... 22,800 three levels 23 800 already done and dusted next important 23300 and the next one is 23,000 sorry 22,800."
Nifty Levels
Pending
A potential worst-case scenario for Nifty, after breaking the 40-week EMA, could be a 10% fall, potentially reaching around 21,200.
"worst case scenario we're talking about if post breaking 40 weeks exponential moving average if markets were to Fall by 10% then what then what ... 21,000 what was it ... 21,200 something"
Nifty Worst-Case Downside
Pending
From a potential bottom of around 21,200, Nifty has a potential upside of 24-25% to reach all-time highs.
"percentage upside from this level if I were to calculate way up to alltime High Till here look at the percentage that we are talking about it's 24 25% from the bottommost point till the top"
Nifty Upside Potential
Pending
The market is expected to touch and surpass previous all-time highs within 1 to 1.5 years.
"it has to touch alltime High okay it has to go beyond alltime High there are no second thoughts on that one year one and a half year whatever is the scenario but it will touch alltime high again"
Nifty Reaching All-Time Highs
Pending
A potential downturn in the US market, which is currently at all-time highs, could lead to a further fall in the Indian market.
"US market are at an alltime high similar to Indian market in the past month if US market starts cracking down there are chances that we can see a further fall"
US Market Impact on Indian Market
Pending