@Jason_Castelino and @Meher_Smaran aren’t talking only about 4th June.
Good Result → Everyone thinks buy → Markets fall. This is just market psychology, happens most times, especially if the news is expected. I believe election results are priced in. Markets generally price in much more complex scenarios, this election’s result is way too easy for markets to predict.
This is just for Jun 4 though not for entire Jun. Pretty bullish for entire Jun though and that doesn’t depend on results necessarily but results are just an excuse for the rally to happen.
Hope I’m correct though.
Ah, why are you mixing fundamental analysis and trading though? Trade with technicals, invest with fundamentals.
A fall might come but maybe sit on cash for that, why shorting. Also, shorting is like call shorts/fut shorts or put longs?
Modji humko vishv guru banayenge, Meher bhai humko market cap mein se upar le jayenge
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Market has already factored in victory and already rallied . Last scenerio will never happen. The first 2 scenerios market 5-7% up thats it.
25k Nifty lets gooo
23k by June 6 (weekly expiry).
PM told we will hit new ATH
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I don’t have any model/logic to put a number for percentage rise or drop.
It will be all driven by Sentiments… i.e. How sad market participants will be to say Goodbye to BJP Govt. and How much steady they see the Govt of India Alliance?
And on flipside, how cheerful they can be above current level in case of Status Quo…
Seeing current Index Levels it will be wise to wait at least till the end of last Phase of Elections and I am saying this from the perspective of Investor not Trader.
To put it in numbers, I would say after 1 month, it would be around 21500 on lower side considering a significant drop in Earnings and to 23500 if earnings remain steady or go up. On avg I would say 22400-22500.
This is not forecasting… This is just reverting back to long term average. If it drops too much below long term pricing, then foreign investors will come back.
EDIT: This goes without saying… But during these up or down moves, all stocks will not be lifted up or fall down by same amount.
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Hopefully it comes down , even zerodha kite app now a days always showing nifty map in the right hand corner and seems likes itwill go through that roof ,
Practical expectation toh decent correction ka hai …Par yeh gubbare (market cap bubble + Indian economy vishwaguru max pro) me hawa bharna abhi abhi shuru hua hai …
Bigger baloon is elsewhere (Global Economy)
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it did on result day 2009. index hit 2 upper circuit about 20% in a day and trading got haulted rest of day.
My prediction for nifty after election :- 24000 +
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This is not market 0 this is BIG CASINO Market
People farly believe in india stock market is casino market
Through BJP time market went up because simple reason ,
Insurance money and PPF money are coming into the market so only market is going up
there is valuation are high rocket in indian market
i think its casino now a days
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23k came in much early
Bulls are strong
Conspiracy theory… Last week suddenly PM, HM, FM etc sort of answered planted interview questions about the markets and they predicted “to the moon”… Could it be a sign of distribution and making/locking max profits by biggies (and may be the parties/candidates, if they invest) till they are in power?
Everything is possible !!!
Money creates magic.
He has to be because optimism sells.
I hope you guys are not voting on the ground of nifty’s movement.
Stock market is the by product of the economy, it shouldn’t be the deciding factor for elections.