NIFTY: Moon, Mood and Money, M story!
Mandir, Modi, Maldives, Mumkin, New Moon, then comes the Friday the 13th.
What is important is glean is the Money Supply M3 which stood at 10.9% relatively lower than previous but near 1 per centage points. It is projected to grow towards 250000 from 240000 in 2025.
Easy financial conditions across the globe despite the series of rate cut continue to worry the central banks as that can either fuel incoming inflation or the re-visit. This aspect alone will lead to verbal cuts than actual cuts, so markets would focus more on results and temper their rate cut expectations as we navigate before the next Central Bank meeting.
It it fall and fall towards the lower end, then the rise. All textbooks, for those who follow 1 minute graph it is all but volatility. Volatility can thus be defined, what we are not prepared to measure, simple reason that is out of our expectation.
The price action took support on the LBB, no quick action to move inside the triangle drawn would do lot of good (probability is 50/50).
Suffice to stay boxed 47000-47600 ahead of vital week.
What is important is glean is the Money Supply M3 which stood at 10.9% relatively lower than previous but near 1 per centage points. It is projected to grow towards 250000 from 240000 in 2025.
Easy financial conditions across the globe despite the series of rate cut continue to worry the central banks as that can either fuel incoming inflation or the re-visit. This aspect alone will lead to verbal cuts than actual cuts, so markets would focus more on results and temper their rate cut expectations as we navigate before the next Central Bank meeting.
It it fall and fall towards the lower end, then the rise. All textbooks, for those who follow 1 minute graph it is all but volatility. Volatility can thus be defined, what we are not prepared to measure, simple reason that is out of our expectation.
The price action took support on the LBB, no quick action to move inside the triangle drawn would do lot of good (probability is 50/50).
Suffice to stay boxed 47000-47600 ahead of vital week.
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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