📌 FED pauses rate hike, but delivers a very hawkish commentary.
📌 Predicts that there could be atleast 2 more hikes. Some members of policy committee want 3-4 more.
📌 Raises peak rate forecast to 5.60% by Dec 23, higher by 50 bps versus last plot.
📌 Dow Jones -400 pts 🔻 Nasdaq falls 100 pts
📌 US Bond Yields spike.
📌 Predicts that there could be atleast 2 more hikes. Some members of policy committee want 3-4 more.
📌 Raises peak rate forecast to 5.60% by Dec 23, higher by 50 bps versus last plot.
📌 Dow Jones -400 pts 🔻 Nasdaq falls 100 pts
📌 US Bond Yields spike.
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#Nifty at trendline support coming up in 3 waves moves. Next session hourly close above 18800 can trigger upmove towards all time high.
Bearish case can be considered only below 18669.
Bearish case can be considered only below 18669.
#Nifty next move bearish ONLY on break below today's low 18714. If breaks 18646 then 18440 which 1.618 fibonacci extensions will be achieved.
Since todays gap is open Upside also possible but will consider only after 18888.
Our client's holding positions accordingly ❤️
Since todays gap is open Upside also possible but will consider only after 18888.
Our client's holding positions accordingly ❤️
WEALTH CREATOR MCX & INDEX
📌 Banknifty- Weekly Analysis 45400/500 is TL resistance zone. Yet to breakout. if fails can retrace till 44500 n below levels. Book at your comfort on Rise.. 👉Our Client's holding ce pe levels accordingly 🎯🎯🎯
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