The correction in the markets seems to be ending. Diwali is here and the markets look to bounce.
1. The Tatas fight has dampened the sentiment. That was 1 of the main reasons markets corrected.
2. The bottom should be in place or 100 200 points away but a rally of 1000 points on the Nifty is due.
3. Clinton seems to be winning and that will have a positive effect on the markets, a Trump win would lead to a disarray as markets do not like move away from status quo.
4. Diwali sales seem to be good and that is a sign of economic turnaround.
5. Nifty bounced from the support zone of 8550. I think the next move would be post the US elections.Enjoy a safe and happy Diwali.
1. The Tatas fight has dampened the sentiment. That was 1 of the main reasons markets corrected.
2. The bottom should be in place or 100 200 points away but a rally of 1000 points on the Nifty is due.
3. Clinton seems to be winning and that will have a positive effect on the markets, a Trump win would lead to a disarray as markets do not like move away from status quo.
4. Diwali sales seem to be good and that is a sign of economic turnaround.
5. Nifty bounced from the support zone of 8550. I think the next move would be post the US elections.Enjoy a safe and happy Diwali.
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