The rate cut decision by US FED by 50 basis points has filled the market with euphoria.
It means:
1. More fund flows into Indian market are expected making the Rupee stronger vs US dollar.
2. More money flow means more buying pressure and consequently you can see Nifty50 soaring towards 26000 mark.
3. Indian Mutual Funds are sitting on record cash flow and they will also pump that money into the market, particularly midcaps. So long term trend is bullish as long as mutual fund in-flows are intact disregarding job creation and inflation figures, interest rates and so on.
4. As on 20th Sep 2024, the FIIs hold 52% long and only 23% short positions in Index Futures.
5. The crux of all the numbers market is interested in is that: "there is a growing demand for the Indian stocks, and as long as that demand remains intact, the market will keep moving upwards".
Happy Trading.
It means:
1. More fund flows into Indian market are expected making the Rupee stronger vs US dollar.
2. More money flow means more buying pressure and consequently you can see Nifty50 soaring towards 26000 mark.
3. Indian Mutual Funds are sitting on record cash flow and they will also pump that money into the market, particularly midcaps. So long term trend is bullish as long as mutual fund in-flows are intact disregarding job creation and inflation figures, interest rates and so on.
4. As on 20th Sep 2024, the FIIs hold 52% long and only 23% short positions in Index Futures.
5. The crux of all the numbers market is interested in is that: "there is a growing demand for the Indian stocks, and as long as that demand remains intact, the market will keep moving upwards".
Happy Trading.
To avail FREE TRIAL for all our invite-only indicators, please contact us:
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
To avail FREE TRIAL for all our invite-only indicators, please contact us:
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Telegram: @jellygill
Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.