लग गई लंका । क्या होगा कांड
CA Manoj kumar Jain • 10 days ago
What This Video Is About
The video discusses the current market state, which is challenging for bulls due to a decline in the market mood index and a surge in volatility. Despite Foreign Institutional Investors (FIIs) buying in every segment, the market has fallen, indicating retail investors are panicking.
Major Ideas Discussed
- The market mood index has dropped below 50, indicating a bearish mode.
- FIIs have bought in every segment, but the market has fallen, suggesting retail investors are panicking.
- The IT sector is the only sector rallying aggressively, with the Nifty IT index up by 3%.
- The advance-decline ratio is very poor, with around 450 stocks up and 2900 stocks down.
- The India VIX has surged, indicating elevated volatility.
- The US market is strong, with all indices in the green, including a 1.01% surge in the Nasdaq.
- The PCR has reached the oversold territory, suggesting a potential rise in the market.
- The call writers are sitting heavily at 23,000, indicating a strong resistance level.
What to Watch Next
The market may see a contrarian move tomorrow due to the Sensex expiry. It is essential to monitor the IT sector's performance, the US market's trend, and the volatility levels to make informed investment decisions.