Let me jst preface this by saying : this is a purely speculatice piece.
No trader is a fan of gap-ups and gap-downs not only does it dries up the momentum but it also denies the opportunity for traders to get in the run. Indian Nifty 50 might be the only index in the world where more trading is done on its foreign listed branches.
No doubt this day's market is a result of the Ukraine Crisis going on but we cannot ignore the fact that even if you call Indian Market "OverValued" It is consolidsating quite well. Therehave been down and there have been highs, and that will continue.
Now for the coming market sessions, there will and is gonna be another reaction from the market when US/Nato decides to give a reaction.
Folks, this is the new normal.
These violent delights have violent ends.
Commodity prices will rise, Gold/Silver precious metals will rise. Oil prices/ Gas prices will rise. Why? D.Y.O.R. (Do your own research)
how will the stock markets respond to all this? Well, best case scenario, Markets remain volatile. Worst case scenario- Armageddon.
That being said, Retail participation or the public money inflow in the markets have been overwhelming. There have been several instances in the past Where Dii's have sold Fii's have sold and retailers have singlehandedly propelled the market. Will that continue?
Well, its a question of Mass psychology from now on.
If you are a technical trader like me, I feel your despair bruh, but lets stick to what we do best. #waiting for Confirmation. #LionsStalkTheirPrey
No trader is a fan of gap-ups and gap-downs not only does it dries up the momentum but it also denies the opportunity for traders to get in the run. Indian Nifty 50 might be the only index in the world where more trading is done on its foreign listed branches.
No doubt this day's market is a result of the Ukraine Crisis going on but we cannot ignore the fact that even if you call Indian Market "OverValued" It is consolidsating quite well. Therehave been down and there have been highs, and that will continue.
Now for the coming market sessions, there will and is gonna be another reaction from the market when US/Nato decides to give a reaction.
Folks, this is the new normal.
These violent delights have violent ends.
Commodity prices will rise, Gold/Silver precious metals will rise. Oil prices/ Gas prices will rise. Why? D.Y.O.R. (Do your own research)
how will the stock markets respond to all this? Well, best case scenario, Markets remain volatile. Worst case scenario- Armageddon.
That being said, Retail participation or the public money inflow in the markets have been overwhelming. There have been several instances in the past Where Dii's have sold Fii's have sold and retailers have singlehandedly propelled the market. Will that continue?
Well, its a question of Mass psychology from now on.
If you are a technical trader like me, I feel your despair bruh, but lets stick to what we do best. #waiting for Confirmation. #LionsStalkTheirPrey