We have witnessed a sharp downfall in Nifty and Banknifty along with sectorial selling pressure amid the Iran-Israel war, although India's growth story has been robust and expected to rise continuously even amid global uncertainties. but may be lower than expected or projected , due to high inflation forcasting may be a part of lower GDP growth. India is a major crude importer , Hence volatility and up surge in Crudeoil prices expected to affect almost every corner of the economy, considering recent crises in LPG,,Crudeoil and restricted supply, will give rise to overall production cost and disruptions in production for manufacturing industries. Moreover, household budgets may rise across the country , which may decrease individual savings .We may see as cascading effect of the current global situation, which may take slight more time to make nullify overall effect upon indian economy. Eventually new investment may slower its pace or ...
As MENTIONED IN NIFTY VIEW ARTICLE ON 24.03.2025 : Accordingly, nifty has reclaimed 23650+ level after 1000-1200 point downward move after touching the resistance level near 23800 on 25th Marc h. Stocks in Positive breakout ; which suggests this stock may see accumulations at dip and go further up side gradually. 1 ) INDIGO (INTERGLOBE AVIATION LTD) (5344) INDIGO RATIONALE: STOCK TRADES at 5347 near level of swing previous high , stock has formed Higher-high , Higher - low price pattern in 1 hour chart , although Relative strength indicator suggests strength in positive move supports the momentum for upside continuation. Strategy: buy at dip Hence, stock expected to move towards 5550 /5670 in upcoming trading sessions , as a buy at dip strategy stock may be accumulated up to 5150 with stoploss of 5000 on closing basis Disclaimer & Disclosur...