Last Week markets were a see saw. Nifty seemed to break out of the
bullish flag but then dived back in to break previous Months low.
Market Mood Index at the moment indicated extreme fear, we have to see
where it will go from here. Extreme fear seems to indicate that its a
time to buy but technical charts wise it does not really look so
JIO financial services was listed this week in the stock market and
since then has been stuck in Lower Circuits, friday saw a bit of a buy
back but its still to be seen if it will sustain or next will be bring
another series of Lower Circuits for Jio financial services. There was a
lot of expectations from Jio Financial Services and the performance is
definitely not going as must have been planned.
BHEL jumped up 10 percent in a single trading session on Friday due to a
news of a 4000cr order from a wholly owned subsidiary of Adani Power.
Bhel though ended the week a little lower at 105.
Next week is going to be deciding, at the moments things are still
undecided. The current status would be still consolidation but I think
we have reached the end of consolidation and a directional move is round
the corner
Follow me on twitter
https://twitter.com/equrve
Subscribe to this channel
https://www.youtube.com/@equrve?sub_confirmation=1
Follow our podcast Spotify:
https://open.spotify.com/show/0qx6LZKpcnvAunu7rez41N
Amazon Music:
https://music.amazon.in/podcasts/ce523dbf-4f36-410e-8171-674a87a4adc8/equrve-markets-last-week
Apple Podcast:
https://podcasts.apple.com/in/podcast/equrve-markets-last-week/id1698884453
#marketmoodindex #nifty #nifty50 #niftyanalysis #niftyprediction #stockmarket #stockmarketindex #stocktrading #stocks #jio #jiofinancial #bhel #trading