Thanks to Jerome powell, 200 DMA is more likely to be breached.
Though FED sounds all hawkish in their latest FOMC meeting, the rate hike of just 25 basis point would mean that the Mr. Market has already factored in the hike in its current valuation.
After a long time, the FII have started to buy and DII are booking their profits.
All the stocks which are in the lower valuation zone, needs to be accumulated.
Watch out for this thread for updated details on the companies for medium term swing to long term holding with reasons. TBD.....
After a long time, the FII have started to buy and DII are booking their profits.
All the stocks which are in the lower valuation zone, needs to be accumulated.
Watch out for this thread for updated details on the companies for medium term swing to long term holding with reasons. TBD.....
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