India’s wedding market of about $80 billion is expected to grow at a CAGR or something like 20% over the next 10 years to get to $500 billion. So obviously, we are seeing a very strong demand recovery in the whole discretionary consumption basket across the board – be it retailers or alcohol manufacturers like Radico and United Spirits. As the economy and travel normalise, these companies should have a very strong demand tailwind backing them
Trend Chart
NIFTY 1 hr - 17650-1770 major support
NIFTY 1h - wait for break out and re-test. use lower time frame for intraday.
Trend Chart
I will be adding cdsl iex irctc mcx pidilite and bse for ling term
I will add few cdsl 1470-1480 level long term
Trend Chart
NIFTY 1h - wait for break out and re-test. use lower time frame for intraday.
Nifty 1h - trading near resistance