Monday, October 30, 2023

morning thoughts...

The markets saw a steep correction as mentioned and provided a good oppurtunity for investment as it laid hold on important support levels of 18800 on nifty and 43500 on bank nifty
Technically these levels remains as crucial supports for the markets going forward with viable resistances at 19200 and 19300 for the nifty where lies the majority of call writers 
October has always been a month of correction historically and now the coming 6 months are very crucial for the markets along with tandem in economy

Expect huge changes in coming 6 months and a never before volatilty and move in the markets , nifty is expected to swing in for 6000-9000 points and bank nifty 10000-12000 points in due course

Many stocks will melt and many will lay foundation for multibagger and big rise

Stocks for movement upto diwali and investment

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