The kind of bullish and oversold tweets we are seeing indicates there is much more pain coming. Market will bottom when people have become absolute desolate.
RBI MPC - 25 bps hike is confirmed...further guidance on future hikes and liquidity stance is key to watch...OIS market is pricing in 100 bps of hike by mid 2027 and another 40 by 2028..Banknifty is heading to 44,500 minimum by December 2026.
@piyushchaudhry 25 bps hike is confirmed...further guidance on future hikes and liquidity stance is key to watch...OIS market is pricing in 100 bps of hike by mid 2027 and another 40 by 2028..Banknifty is heading to 44,500 minimum by December 2026.