- The US Job Data is not so good. Expectation was that of + 100000 jobs but results are a -4000 jobs....
- So Dow Jones was down..
- Broadly our markets should also operate in sync with it....
- But it also depends on how asia opens tomorrow.. most probably japan would be down...
- its an un even ride ahead till wednesday, it will precisely be direction less.. & extremely volatile and range bound.....
- any good new will lift the markets in short run
- wait for 18th september, as FED is going to announce a rate cut, nobody knows will it be 25 basis points or 50 basis points..... but it will b +ve for markets
- Thus finally my assessment is that India will also be down tomorrow atleast in the opening trading hours....
my expectation is 300 points............................
- But all in all seeing the diwali as an immediate target there are all indications of a very good and big Upswing in the Indian markets...... so Enjoy....
Disclaimer: The views, research & analysis shown are solely of the author... And the author has interests in Indian stock markets... Capital Market investments are risky and investors must do research and take caution while investing....
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1 comment:
hey suraj really aprreciate your article man. Its perceptive and original. and It also makes good biz sense.. keep up the good work dude/// looking for more sound fianncial advice!
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