I wrote an interesting post the morning Indian markets bottomed out last week.
Do Read -
Capitulation – VIX hits closer to 40 on Nasdaq and S&P 500 Vix. Time to Deploy over next few days.
The last time we were at 16400-16500 - https://twitter.com/nooreshtech/status/1481460679165214721
So lucky streak continues with two bottoms.
Now that the Fed Event as well as Budget is done with. Time to focus on stock specific and sector specific trends.
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INDUSIND BANK – Bouncing yet again from the supports.
BEL – When will it get out of this 195-220 range.
NALCO – Setting up for next leg of the move to 150
Reliance Infra – A big breakout possible above 110. Risky given the history
SPARC – Consolidating after a breakout
Vedanta - On radar above 345
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