MARKET TALK

Today the market has come down again, Reliance has played a big role in this and today gold has also come down. It has come down below 85000, so all the markets can go down today, so no stock is left untouched in the stock market and if any other statement comes today, it can go up. Today Bank Nifty is -640, Nifty is -252 points, even if it goes down more than that, it is not surprising and if gold and silver weaken and the dollar weakens, it can reverse again, even if it is a little, it is not surprising because a lot of things have come down in the market, so it can reverse by 1 to 1.50%. But it is being learned from our side that fundamental stocks should be taken. And now if the decline stops from here, it can reverse again. Nifty has made a low of 22798 and Bank Nifty has made a low of 48734

Today, the resistance level of 22,800, which was acting as support, has been broken and now if it breaks again, the market will go into negative territory, so even those who are long will exit. From here on, mutual funds If the spelling of ₹22,500 is reached, it may fall further and Nifty can be considered to be standing with the support of ₹22,500 for now. This support is normal and until 23200 is crossed, there will be a new uptrend. It cannot be seen that 22,800 breaks there and then further down to ₹21,822 and 21,243 and 21012. The doors may open because today India VIX and the dollar are rising again, so there may be a ripple effect, so the market may trade in negative territory for now, so it is time to buy now. There is a risk, but there is also an opportunity against this risk, if there is a fundamental stock, re-average it and buy the same stock that is at a price below the purchase We have to be prepared to add back when there is another downtrend. So, we have to keep holding the fundamental stocks, but if their average falls below, we have to work in that way. Thank you