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.
Damn, I just invested in HDFC bank today.
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.
This was my last post where i mentioned that Nifty 100 is the way to go ahead if one wants to build newer positions.
https://share.gvine.app/8aJtMzoHxdWv7hPv5
Stocks like ABB, SIEMENS, PIDILITE , COLPAL, MARUTI, LT, JINDAL S, TATA M , ...
A few months ago I wrote about how i caught 100% + returns in the Counter - Inox wind. It has set up again. Here is the link to the Inox wind post.
https://share.gvine.app/sugCF7MjAeSSFkvh6
Accumulation has been happening in Inox Wi...
Man, not one month of 2024 has completed, and hoping for a good 2025. Tough times!
Whether to cash out small and mid cap or not depends on your horizon, if your horizon is 3-5 yrs, stay invested and t...
Not listening to anybody who predicts market movement.
