June wld give Road maps For mkts
Lots of events line up
Fed rate hike probabilities as of Now :
June 10: 50 bps 96.8% ( almost certain)
July 27 : 50 bps 94.2% ( almost certain)
Sep 21 : 25 bps 45%,50 bps 51% (will depend on how June,July hikes plus QT impact inflation)
Uncertain,interesting,
complex times.
June events
June 1: QT starts in the US, USD 47.5bn/month being pulled out by the Fed .
June 8: RBI rate hike, maybe 50 bps
June 15: Fed rate hike, maybe 50 bps
June 9: ECB announces end of QE, rate hikes to start from July .Fed FOMC rate hike on June 15th of 0.5% , 50 bps has a 96.8% probability as per the bond market trackers.
Add on QT of 47.5 $ bn in June , and you have a challenging environment .
Oil,Inflation,China plus a tightening Fed are not easy conditions by any measure.
Plan your Trades Accordingly
Lots of events line up
Fed rate hike probabilities as of Now :
June 10: 50 bps 96.8% ( almost certain)
July 27 : 50 bps 94.2% ( almost certain)
Sep 21 : 25 bps 45%,50 bps 51% (will depend on how June,July hikes plus QT impact inflation)
Uncertain,interesting,
complex times.
June events
June 1: QT starts in the US, USD 47.5bn/month being pulled out by the Fed .
June 8: RBI rate hike, maybe 50 bps
June 15: Fed rate hike, maybe 50 bps
June 9: ECB announces end of QE, rate hikes to start from July .Fed FOMC rate hike on June 15th of 0.5% , 50 bps has a 96.8% probability as per the bond market trackers.
Add on QT of 47.5 $ bn in June , and you have a challenging environment .
Oil,Inflation,China plus a tightening Fed are not easy conditions by any measure.
Plan your Trades Accordingly
Wealthcreatures.com
STOCK NAME - MFL Cmp - 1170 Strong support @ 1000 zone Add on Dips as per comfort S/L - 840 on cbsl or As per Risk We see 3x in next 3 years Disc - consult your financial advisor before investing or taking any position based on above article.All…
MFL
1st Support@1390
2nd support@ 1340
Keep on Radar
We expect it to out perform markets going Forward
4 to 8 Qtrs
This wld be in diffrent League
1st Support@1390
2nd support@ 1340
Keep on Radar
We expect it to out perform markets going Forward
4 to 8 Qtrs
This wld be in diffrent League
Wealthcreatures.com
MFL 1st Support@1390 2nd support@ 1340 Keep on Radar We expect it to out perform markets going Forward 4 to 8 Qtrs This wld be in diffrent League
MFL
DAYS LOWS - 1390
To
Days HIGH --- 1500++
DAYS LOWS - 1390
To
Days HIGH --- 1500++
Wealthcreatures.com
MFL THIS TIME IT SHLD SUSTAINED THE SUPPLY ZONE WAITING FOR FRESH ATH soon
MFL
6% 💚
CLOSING ABOVE 1500
GOOD SIGN
Almost at Days High 1515
Get Ready for Take off & Fresh ATH
6% 💚
CLOSING ABOVE 1500
GOOD SIGN
Almost at Days High 1515
Get Ready for Take off & Fresh ATH
Wealthcreatures.com
Welspun corp From Highs of 250 Retested 157 in panic lows before 10 days Bounced back strongly Getting Ready for Fresh ATH SOON
Welspun corp
234
Closing at Days HIGH
Expecting NEW ATH 🔜
234
Closing at Days HIGH
Expecting NEW ATH 🔜
Wealthcreatures.com
MFL
Meghmani Finechem Ltd
Largest capacity of Epichlorohydrin, based on 100% renewable resources, of 50,000 TPA
Largest capacity of CPVC Resin of 30,000 TPA
Caustic Soda capacity will increase to 4,00,000 TPA
Entering into Chlorotoluene and its value chain.
Largest capacity of Epichlorohydrin, based on 100% renewable resources, of 50,000 TPA
Largest capacity of CPVC Resin of 30,000 TPA
Caustic Soda capacity will increase to 4,00,000 TPA
Entering into Chlorotoluene and its value chain.
Wealthcreatures.com
Chennai Petro Locked 🔒 in 5% UC
Chennai petro
10% blast
Fresh 52wk High
354 💚
10% blast
Fresh 52wk High
354 💚
Wealthcreatures.com
8th June - RBI Meet Has market factored in 50 bps Hike??
Can Tomm Rate Hike make mkts More close To bottom
And
Possible from june end/July can we again concentrate on Moonsoon & Other +ve Things ??
For That Nifty Need to Hold
16300 - 16400 zone
Fresh Breakdown below 16275 zone
Range - 16250 To 16750
And
Possible from june end/July can we again concentrate on Moonsoon & Other +ve Things ??
For That Nifty Need to Hold
16300 - 16400 zone
Fresh Breakdown below 16275 zone
Range - 16250 To 16750
The Biggest risk for Equities is no longer valuations but the outlook for earnings in US,Japan , UK ,Europe and China.
RBI MONETARY POLICY TODAY AT 10am TODAY
RBI LIKELY TO INCREASE REPO RATE BY 40-50 PTS
MAIN THINGS TO WATCH OUT
🔅QUANTUM OF RATE HIKE MARKET MIGHT HAVE FACTORED IN UPTO 40-50 BPS RATE HIKE
🔅 ANALYST EXPECT RBI MAY MAKE AN UPWARD REVESION OF 80 BASIS POINTS IN FY23 INFLATION FORECAST OF 5.70% AND GO UPTO 6.50%
🔅 COMMENTARY ON INFLATION & GDP FORECAST
RBI LIKELY TO INCREASE REPO RATE BY 40-50 PTS
MAIN THINGS TO WATCH OUT
🔅QUANTUM OF RATE HIKE MARKET MIGHT HAVE FACTORED IN UPTO 40-50 BPS RATE HIKE
🔅 ANALYST EXPECT RBI MAY MAKE AN UPWARD REVESION OF 80 BASIS POINTS IN FY23 INFLATION FORECAST OF 5.70% AND GO UPTO 6.50%
🔅 COMMENTARY ON INFLATION & GDP FORECAST
RBI GOVERNOR SAYS WE ARE FACING NEWER CHALLENGES EACH PASSING DAY THAT ARE WORSENING SUPPLY CHAIN DISRUPTIONS
RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES
RBI GOVERNOR SAYS INFLATION HAS STEEPLY INCREASED MUCH BEYOND UPPER TOLERANCE LEVEL
RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES
RBI HIKE REPO RATE BY 50 bps
RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES
RBI GOVERNOR SAYS INFLATION HAS STEEPLY INCREASED MUCH BEYOND UPPER TOLERANCE LEVEL
RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES
RBI HIKE REPO RATE BY 50 bps
Wealthcreatures.com
Can Tomm Rate Hike make mkts More close To bottom And Possible from june end/July can we again concentrate on Moonsoon & Other +ve Things ?? For That Nifty Need to Hold 16300 - 16400 zone Fresh Breakdown below 16275 zone Range - 16250 To 16750
Have we made bottom Today for short term ??
Today's Low - 16294
Today's Low - 16294
Wealthcreatures.com
MFL DAYS HIGH - 1396 SUPPLY ZONE- 1410 To 1450 Once Crossed & close above 1460 zone than only we can see more STRENGTH FOR ATH & Above
MFL
Last Support zone now acting as support @ 1460/1400 zone
Expected to do well in coming 2 to 3 Qtrs
Can see more upmove aft FY23 Q1
Last Support zone now acting as support @ 1460/1400 zone
Expected to do well in coming 2 to 3 Qtrs
Can see more upmove aft FY23 Q1