Nifty is expected to reach the end of the month. What is the monthly maturity trading strategy, especially just before the budget?
So far, it has been a 2 % negative return, and it seems that January will end in the same form as the December, which has fallen by 2 % and ends. However, despite the continuous negative month, it is necessary to keep in mind that, unlike the October 204 %, which fell by 6.2 %, the subsequent monthly closing price is not so serious, indicating the will of buying. 。 This is remarkable for the budget week, and despite its history pointing out that the reaction of the February and the reaction of the budget plan announcement date were slow, the budget week is usually positive expectations. There is. However, given the continuing in parallel in the last few days, it has been encouraged to look for a positive surprise that may aim for 23850-23950. If a rejection trading occurs again from 23400, or if it goes down directly below 22940, a negative surprise may occur and aim for 22260, but at this time the same outlook seems to be limited.
If Nifty finished the January series negatively, it would be a negative financial results for four consecutive months. Do you think the average value will return in February?
Yes, this is the first time Nifty50 has fallen for four consecutive months since 2001. In 2001, the average Nifty50 fell by 6% in four months from July to September, up 5% in the last three months. In the last week of the fourth month, Nifty has fallen by nearly 2 %. If Nifty50 recovers and ends the month, you will consider another statistics. Since 2000, NIFTY50 has fallen 13 times in three consecutive months, with an average of 3% in the next three months in about 70%. It is the fact that the return of Nifty50 was negative in the last 12 years with a 58% probability in the past 12 years.
Since 2010, the average return of Nifty, one week before the budget, is -0.46% and 1.35% in one week. How is the budget week and the week after the budget, how is it different this time?
Attention is about 67% of the previous 12 years, the previous week’s budget, was negative for the Nifty50 and an average return of about -2%. Over the past 12 years, NIFTY50 has increased by about 2.7% in 75% of the week after the association budget. In addition, 75% of Nifty50 showed negative returns one month before the coalition budget, while the average return in the next three months was 7%.
It is currently in the third quarter of the fiscal year, but only about 30% of companies contained in Nifty50 have announced their financial results, and only about 30% of companies report the growth of quarterly (year -on -year). is. Meanwhile, 28 % of Nifty50 companies plans to announce the third quarter of the next week, mainly for cars such as Marti, Tata Motors, Bajage Auto, and TVS Motors. Nevertheless, in the past eight years of 75%, we cannot forget that MIDCAP150 and SmallCap250 dropped 4% in February, respectively, 4%, respectively.
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Wipro was one of the most priced stocks of this week’s BSE500 brands. Considering the background of profits and the positive news that comes in, do you think the rally will extend next week?
Whipro usually moves slowly, but the ongoing rising trends have a wealth of bullish continuous patterns, encouraging them to maintain the course until the rise is maximized. For this purpose, we tend to find prices from 335 rupees to 360 rupees in the next two weeks.
India Sements stocks ended a week with a cheaper cheaper. What does the chart suggest?
Four consecutive days, the stock price rose to the support in July 2024, and there was room for reversal. The oscillator also shows the same, and the lower marker is placed below 295, urging you to anticipate 314 to 325 next week.
Please tell me the main ideas for the budget week.
Jubllingrea (CMP: 690)
See -Purchase
Target -725 – 745
SL-669
The stock price has plummeted from the beginning of this month, and seems to be trying to return from around 655, the second level support level. The MACD histogram shows signs of depletion at the lower level, and the RSI is nearly sold. It suggests that the reversal is imminent within the next few days. In the near future, we expect stock prices to head to 725 and 745. All long can be protected by setting a stop loss below 669 levels.