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 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

Have we made bottom Today for short term ??

Today's Low - 16294

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

Next event to keep watch wld be on Friday U.S Inflation Data

MFL

Days Low - 1426

Vadilal inds

Yest Fresh ATH # 2106

Showing strength amid volatility

DEEPAK NITRITE

Available at 42% Discount from ATH of 3020

Days Low - 1716

Last Breakout Zone & strong support @ 1618/1575

Longterm Portfolio pick

Guj govt has order plant closure this wld have impact on FY23 Q1

If One Can avoid Short term Pain & has patience and vision than shld look forward for adding on Dips

This was our star performer riding from 100 To 3000 in last 5 years

NIFTY

Today's Low - 16244

Bouncing back from Days Low to 16360 - 16380 zone

Are mkts building base formation?

Possible from 15th June onwards smart money shld start flowing into sector specific and Stock specific

Need to keep watch closely

Those stocks which showing Resilence in going Down or outperforming mkts

They wld the one to Lead the next Rally ....

NIFTY

LOWS 16244

NOW at Days High @ 16490

Hope this Helped

Sakar Healthcare

Now 🆙 14% 💚

181

Nifty Rallied 250 points from Days lows

Bank Nifty also up 300 - 340 points from Days low

Mkts sensing some +ve News in coming Days

Let's c

More To be Stock specific

Amid volatility

One stock Making fresh 52wk High

Time Technoplast

117

Asian paints

Today's Low - 2652

Last time made lows of 2599 & moved till 3225 - 3280 zone

Can we again see such moves on lower side Again?

Are we entering last leg of correction??

Last leg of correction are very much Brutal

What you would do in next 4-5 weeks will determine your Returns in nxt 3/4/5 years

As updated earlier also
Till 15th june we can see fall and huge volatility

Fed meeting on 15th june
Fed Expected rate hike 75bps & possible after that Dow Jones shld stablise.

Cryptos are Down Globally

Also Extra leverage getting out of stocks & There is also damage to overall world stock mkts

Only after Tech stock stablise globally than we can see some base formation in Dow and Nasdaq.

Nifty has taken support twice in zone of 15600 - 15700.This time also it shld take support or Else we can move-in to 15000 - 15500 zone if we close below 15700 zone.

Till Friday many things shld get clear and we cab see Road map ahead.

Next 3 to 6 months not going to be easy Ride globally & for Indian Equities too

Those withstand next 3 to 6 months wld be better placed to make money

Managing Risk is more important than earning money 💰

MFL

1373

FEDERAL RESERVE 🇺🇸 THIS WEEK:

FED INTEREST RATE DECISION (WED. 2:00PM ET)

FED FOMC STATEMENT
(WED. 2:00PM ET)

FED FOMC ECONOMIC PROJECTIONS (WED. 2:00PM ET)

FED CHAIR POWELL SPEAKS
(WED. 2:30PM ET)