NIFTY RISES TOWARDS DECIDING RANGE OF 17590 (2 MIN READ)

The markets make a perfect stage for tomorrow – either a #breakout or #REVERSE Down.

> Tomorrow is Expiry Day and #RBI Policy announcement for fresh rate hikes. Expected a 25-basis point hike.

> A break-out tomorrow will mean the markets will strengthen and move all the way towards 18000.

> A Reversal could bring it down to 17000 levels.

As an Investor what should you do?

> Do not get to a #FOMO if the breakout happens. Let the market decide clearly its direction.

> Global Markets are not upbeat with US Economy not doing so well.

> Don’t go “#All-hands-in” buying – if you get the market reversing. Slowly accumulate your portfolio for 2023-24. PLEASE consult your #portfolioadvisor for investment direction. If you don’t have one write to hello@nielnray.com

> At current levels of 17600 at least 50-60% of your portfolio should be in green. If it is more than that- celebrate! If it is still mostly red, you need to re-assess and prune laggards immediately.

Wishing you a great expiry tomorrow!

#nifty #sensex #banknifty #investing #trading #options #futures #economy #dowjones #nasdaq #dax #wealthmanagement #financialliteracy #financialfreedom

Niel & Ray Wealth

(this information is for educational purposes and not investment advice or trading tips. Please consult your #financialadvisor before investing or trading. If you don’t have one call me at +917777043999 or write to hello@nielnray.com)