Day Trading Stocks & Futures

sridhga

Well-Known Member
Never seen this kind of warning by SBI

June is going to give India a heart attack, warns SBI's note

https://economictimes.indiatimes.co...0-in-q1-sbi-research/articleshow/76022260.cms

No surprises here. When the entire country except for few services were locked down for 60 days what else do we expect? Market players could have guessed the impact anyways. By using words like "heart attack", they are just sensationalizing the headlines. SBI Research possibly is the new kid on the block and is trying to gain popularity.
 
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apegaonkar9

Well-Known Member
Don't you feel market has lost ground reality. Here GDP is in negative territory. Demand side noting has done....
Lagta hai 5 Trillion economy ka sapna abhi bhi dekh rahi hai.... Jai ho Jumlebazi ki.......:cool:
 
Don't you feel market has lost ground reality. Here GDP is in negative territory. Demand side noting has done....
Lagta hai 5 Trillion economy ka sapna abhi bhi dekh rahi hai.... Jai ho Jumlebazi ki.......:cool:
Market is looking forward and will react as estimated forward situation changes ..

Right now we are stuck in range. The HTF 2nd leg selling has no momentum so far in the indices and BNF too has stopped being weaker last couple of days.
We have been rangebound for all of may so far. Best thing to do for HTF patterns is to wait for momentum that does not get rejected rather than getting chopped out in range. Hopefully some expansion soon ..
 

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