#TINNARUBR
This is both way good. Technical as well fundamental.
Demand Zone 1080-1150.
We see upside of 40-50% within 6-12 months.
Weak if we go below 1040.
This is both way good. Technical as well fundamental.
Demand Zone 1080-1150.
We see upside of 40-50% within 6-12 months.
Weak if we go below 1040.
The two key factors that have been weighing on the Indian equity market are crude oil prices and the USD/INR exchange rate.
Today, both these indicators tested important resistance levels and witnessed a sharp decline, which is an encouraging sign for the markets.
If crude oil prices remain below $90 per barrel and continue to trade in the $60–90 range, the impact on the Indian economy should remain manageable. Lower and stable oil prices help reduce inflationary pressures, improve the fiscal balance, and support corporate profitability.
Similarly, if the USD/INR weakens from current levels and stabilizes in the ₹92–94 range, it could improve investor confidence. A stable rupee would make Indian assets more attractive to foreign investors and could lead to a fresh wave of FII inflows, providing further support to the equity markets.
Overall, sustained stability in both crude oil and USD/INR could become positive triggers for the next phase of the Indian market.
Today, both these indicators tested important resistance levels and witnessed a sharp decline, which is an encouraging sign for the markets.
If crude oil prices remain below $90 per barrel and continue to trade in the $60–90 range, the impact on the Indian economy should remain manageable. Lower and stable oil prices help reduce inflationary pressures, improve the fiscal balance, and support corporate profitability.
Similarly, if the USD/INR weakens from current levels and stabilizes in the ₹92–94 range, it could improve investor confidence. A stable rupee would make Indian assets more attractive to foreign investors and could lead to a fresh wave of FII inflows, providing further support to the equity markets.
Overall, sustained stability in both crude oil and USD/INR could become positive triggers for the next phase of the Indian market.
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Only Positional Community
The two key factors that have been weighing on the Indian equity market are crude oil prices and the USD/INR exchange rate. Today, both these indicators tested important resistance levels and witnessed a sharp decline, which is an encouraging sign for the…
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#SENCO
This is both way good. Technical as well fundamental.
Demand Zone 390-400
We see upside of 50-70% within 6-12 months.
Weak if we go below 360.
This is both way good. Technical as well fundamental.
Demand Zone 390-400
We see upside of 50-70% within 6-12 months.
Weak if we go below 360.
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