Will NSE go UP OR DOWN this month?

Hello Friends,

Please, share your views on NSE breaking out upward or downward this month..!

What do you think? ...

1. NSE remaining range-bound: If yes, what is the range you anticipate? and your reasons to say so.

2. NSE breaking out downward: If yes, up to what level it may as per your understanding? and your reasons to say so.

3. NSE breaking out upward: If yes, up to what level it may according to your studies? and your reasons to say so.

Thanks.

If u r a Consultant in Investments, why do you ask, albeit You should be the one telling us what is supposed to happen !!

Confuse consultant needs Tukka maaru advice

He just want to consult on investment and its time to stay away and Sit with Baba Ramdev on Unshan:clap::clap::clap:

I think NIFTY should go down from here , because of global cues and no positive trigger this month, lots of events like RBI rate hike, increase in petro/diesel price may be, etc......and most important cause I have puts........Agar phir bhi upar gaya toh I will book loss and will bot calls phir niche gaya toh..process repeats . at the end of month khel khatam, paisa hazam, capital khatam, next month same process repeats, Nifty uper ya niche.....bhai aaj tak kisi ko pata nahin laga, phir hamse kyun poochte ho.....

:rofl::rofl:
Good one and the best reason of all.............:thumb:

Downwards biased with sideways route. It won't go down in 1 day but like past 2-3 weeks, a closing on weekly basis would be negative and all gains will be wiped out in due course. Monday, 16th June and settlement is big days for bears and any good news from Ben Bernanke/US job reports/Indian IIP or inflation data will spoil bears party. Nifty is struggling at 20 P/E from quite many months and break out expected on either side in next series. Pessimism is high in international as well as Indian picture is quite blur due to DMK/Scam/Baba/Anna/Inflation/Oil prices et al and will remain high so buy at dips and remember Warren Buffett "Be fearful when others are greedy and be greedy only when others are fearful."

Hi TraderRavi,

You are very much right about many reasons ready to trigger NSE one more level down from the current range.

Thanks for sharing your views.:clap:

Hello 2021,

Let me first appreciate you taking time and sharing your views in detail regarding NSE going down.

...yes, any good news coming out of those factors can spoil the party time for the Bears but would that last long?

Nifty may taste 15 P/E...?

Political scene at the Center seems to be a Trouble in the making for the government stability...? ...that in turn may turn out to be another trigger for the Nifty's downfall in the coming months...!!!

Thanks.

:clap:

ok. let me say my guess....
nifty will reach 5800 before 24th june and expiry will above that ...

Hi Stock72,

....And what are your reasons to say so?

Thanks for sharing your view on Nifty's next move.

:clap: