Shivkumar600

Shivkumar600

In my post from last year, I highlighted the potential for a market top and a correction in both the index and most of the Nifty50 stocks. My initial target was around 21,800, which the market hit as expected, and we also saw a bounce from those levels, just as I predicted. However, if those levels are breached, the decline could accelerate, bringing the market...

Shivkumar600

The bulls will claim it's on an upward trajectory, while the bears will argue it's heading south. As I see it, we're in a tricky spot, with the markets currently in a no-man's land. It's respecting the channel, but it lacks clear direction, which means it could swing either way—ultimately pleasing one side while bruising the ego of the other. If the neckline at...

Shivkumar600

I've been short on BTC ever since it crossed the 100k mark, with an initial target around 75k. The markets briefly dipped below 79k and then rallied back, struggling to hold above 95k but staying below 78k. For now, it seems to be trading within a channel. My focus remains on the 75k target, but if the price breaks above 85k, we could see the market eyeing the...

Shivkumar600

Ethereum is expected to face a greater decline than Bitcoin. With the markets closing below the $2,100 mark, it's likely that ETH could drop further, potentially reaching around $250 in the coming months. There is also a possibility of panic selling, which could accelerate these downward price movements. In light of this, attempting to buy or average down on...

Shivkumar600

There are no exceptions and HCL is also part of the game. As corrections were expected, and the stock has the potential to create substantial wealth in the long run if approached with proper timing. Rather than focusing on short-term speculation, investors should shift their focus towards wealth creation by strategically building a well-rounded portfolio. The...

Shivkumar600

I’ve been bearish on the market since last year, constantly warning about an impending correction. While it seems we've moved past the initial anxiety phase, retail investors are still in denial. Many are clinging to losing positions, hoping for a rally to help them average out their losses. A small 100-200 point uptick might bring temporary relief, but the real...

Shivkumar600 Updated 

I previously mentioned that a broader market correction was highly likely, predicting that after the market coiled within the 95k-100k range, a downturn would be inevitable. The correction was expected to bring the market down to around 75k. As we’ve seen, the market fell to 78k but has since rallied back to 92k. However, for the market to regain renewed momentum...

Shivkumar600

I had anticipated a top and currently hold a short position on the index and most of the 50 stocks at 25,200. The market is now approaching the first target of 21,800. Expect a minor bounce in the short term, likely to trap retail investors. However, if the index closes below 21,800, the downward move is likely to accelerate, targeting 19,200. Additionally, a...

Shivkumar600

Once market closes below the marked levels expect it to slide towards 7000 in the coming months Best to buy around those levels then average out positions

Shivkumar600

I've been cautioning about a possible downturn ever since the market hit 100k last December. The market has been in a coiling phase, trapping many traders in the process. There's a strong chance Bitcoin might close below 90k today. From here, we could either see a sharp drop to around 75k, or a brief pullback to the 93-94k range before ultimately dropping to 74k.

Shivkumar600

Based on the intrinsic value analysis, Mahindra and Mahindra Ltd. (M&M) is currently overvalued. With an intrinsic value of 1,633 per share and a market price of 2,665, the stock is trading at a premium of about 39%. This suggests that M&M does not present an attractive investment opportunity at these levels. Given my outlook for the Nifty index to correct in...

Shivkumar600

The market has been stuck in a range for almost three weeks now. Unless we see a decisive break either below 90,000 or above 99,000, it’s tough to predict the next move. However, if we do break either level, it could trigger a sharp move—likely towards 125,000 or 75,000, with the latter seeming more probable at the moment. That said, time will tell. Personally,...

Shivkumar600

We've seen this cycle play out repeatedly—FOMO, driving retail investors to pile into rallies, only for many to get trapped as markets turn. It's the same story: retailers get caught in the hype, while brokers rake in commissions. Unfortunately, it's the retail investors who often pay the price. Right now, the market is in a correction phase, and we can expect...

Shivkumar600

In my earlier post, I mentioned that gold still has potential for upside, with $3000 being a possible target or a sign of FOMO. I’m not planning to sell into strength, but instead, I’ll wait for a close below $2800 before adding shorts, with a stop at the highs and a target closer to $2050.

Shivkumar600

In my previous article on January 27th, I mentioned that we could either see a drop from the current levels or experience a rally around the 24,000 mark followed by a decline. Be prepared for a potential drop towards the 21,900 level as the first target, with further downside possible. Make sure to invest wisely.

Shivkumar600

I’ve been long on the market around the 960 mark and plan to hold for the long term, expecting it to eventually surpass previous highs in the coming months. The RBI’s recent decision to cut interest rates for the first time in 5 years signals a move to stimulate economic activity. It seems they’ve waited too long, though, and it may have been a bit...

Shivkumar600

I’ve exited my long positions and am staying on the sidelines for now. I won’t be selling into the current strength just yet, as there’s still room for exhaustion around the 2850 level. I’ll consider entering shorts if the market closes below 2725, with targets closer to 2000. History is likely to repeat itself, with retailers jumping into the FOMO at 3000.

Shivkumar600

Yeah, it's pretty wild how quickly narratives shift, isn't it? A lot of these analysts seem to latch onto whatever fits their current agenda or the latest trend, and it's often the same people with different predictions based on the same factors. Like, one minute it's all about Trump's influence sending Bitcoin to the moon, and the next it's about geopolitics...