[Update] Markets may experience sharp movements soon
Given the election season is about to come, any surprises will factor in very hard especially at current levels. Can consider hedging soon. If the incumbent government gets a stronger majority then we will definitely witness an unparalleled rally.
Isaiah Taye
Stealth
9 months ago
The only thing that irks me is that there is a lot of optimism on the street and i get cautious when this happens. Recently i booked out 40%.
But now I have decided to go behind Nifty Fut to up my exposure to 100% again.
I think a serious cut will come only after the election.
Market has already priced in and front run the current party winning. So likely expecting a drop right before/right after the elections.
Any historical data on how many days / weeks post election is there a drop ? Assuming incumbents win
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