steppenwolf
steppenwolf

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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10mo ago
potatomato
potatomato

Wait, you're not @salt!

steppenwolf
steppenwolf

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

salt
salt
Gojek10mo

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

Whatsinthename
Whatsinthename

Damn, I just invested in HDFC bank today.

steppenwolf
steppenwolf

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.

GoldenHandcuff
GoldenHandcuff
Amazon10mo

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

steppenwolf
steppenwolf

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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