SparklyRaccoon
SparklyRaccoon

STOCK MARKET

If we don't take out the day before yesterday's candle in Nifty, a further cut will occur in the market. Additionally the structure of Bank Nifty is of huge concern. No rally can sustain without the stability in Nifty Bank. Time to be more proactive and nimble.

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12mo ago
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GoofyDonut
GoofyDonut

Wait, you're not @salt!

SparklyRaccoon
SparklyRaccoon

Hahaha. Yeah i am not. But i am an active trader and know a thing or two about the stock market.

SquishyQuokka
SquishyQuokka
Gojek12mo

I am inclined to agree on this. Also @potatomato 😂🤝🏻

SparklyBurrito
SparklyBurrito

Damn, I just invested in HDFC bank today.

SparklyRaccoon
SparklyRaccoon

If you have picked up HDFC bank you would be fine. It has corrected around 10% already so not much correction left here. Just don't expect crazy returns from it. HDFC bank is at the mercy of FII'S it will take time to shoot up. Currently it is going under time correction. But its time will come for sure, for the size of the bank it is delivering good growth, technicals are just not aligning but they will.

FuzzyPickle
FuzzyPickle
Amazon12mo

Definitely I see another 5-7% correction by end of Jan.

SparklyRaccoon
SparklyRaccoon

That would be awesome. There is a Gap around 20250 20500 if that gets filled it would be an amazing opportunity to go long again 🤞🏻

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