My bearish view on IT stocks continues to play out relentlessly. Shorting here isn't easy, but avoiding them completely remains the smartest move until a true bottom forms. ❌💻
Take a look at the massive gap-downs across global proxies in the chart.
1/ Globant, Accenture, EPAM, and Cognizant have completely broken lower, accelerating away from their post-a-b-c corrective peaks. The downward structural velocity is severe. 📉
2/ Tech remains the definitive downer inside the Nifty right now. Like they say in English movies, it might be time to "throw the bums out" and see some fresh Nifty component changes.
3/ A deep macro cycle like this doesn't find a final floor quietly. It is typically not over until bad news hits the absolute front pages of the financial media.
4/ Bottom line: Don't chase premature value arguments. Stand aside and let the structural decline fully run its course. Stay disciplined. 🧭
#NiftyIT #TechStocks #StockMarketIndia #ElliottWave #TechnicalAnalysis #Indiacharts
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Nifty out of the falling trend line & retesting the breakout zone.
Intraday dip brings us to a major support at 23,800 (previous swing lows).
Intraday charts still holding higher highs/lows.
📈 Next Hurdle: 24,088
🚀 Macro Target: 24,600
⚠️ Risk: Break below 23,800 opens a gap-fill to 23,650.
#Nifty50 #PriceAction #Trading
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SEBI Registration No: INH000023630.
Nifty dipped to 23,151 today, completely filling the macro gap down to 23,153 before bouncing right back.
With that checklist item cleared, the 23,150–23,270 zone stands as our absolute support floor.
Overhead targets to watch on the rebound: 23,800 -> 24,077.
#Nifty50 #PriceAction #Trading #TechnicalAnalysis
I don’t know what is going on with CBSE but if what this student claiming & showing here is right, then there is no credibility to entire CBSE result this year.
You are just adding up to the stress on students. They will lose confidence in every setup & entire system like this.
The market just flipped from a downtrend back to an uptrend.
We're holding above 23,800 and trading past the channel midpoint.
Next stop? Resistance at 24,182.
An aggressive break above the falling trendline could push us to 24,341.
Key supports to manage your risk: 23,845 & 23,690.
#Trading #TechnicalAnalysis #PriceAction #Charts
Manoj Madhusudhanan took a ₹1.86 crore home loan from ICICI Bank.
As collateral, he handed over his original property documents. Every homebuyer does this. You have no choice.
ICICI Bank sent those documents to their storage facility in Hyderabad via courier. Somewhere on that journey — Bangalore to Hyderabad — the documents vanished.
Gone. Originals. Irreplaceable.
When Manoj found out, ICICI Bank had one answer: it was the courier company's fault. Not ours.
He went to the Banking Ombudsman. They told ICICI to publish a public notice about the loss and pay him ₹25,000 for the trouble.
Twenty-five thousand rupees. For losing the original documents to a ₹1.86 crore property.
Manoj sent a legal notice. ICICI denied any mistake.
He went to the NCDRC.
The apex consumer court looked at the facts. The bank had taken custody of the documents. The bank had chosen the courier. The bank could not hand that liability to a third party and walk away.
ICICI Bank — India's second-largest private bank, ₹9 lakh crore in assets — was held liable. Ordered to obtain reconstructed certified copies, issue an indemnity bond, and pay ₹25 lakh in compensation.
One loan. One lost file. One bank that blamed the courier.
Save this — if your bank loses your original property documents, they cannot blame their courier agent. The documents were in their custody. The liability is theirs. File at your district consumer forum. The law is on your side.
(Source: Manoj Madhusudhanan vs. ICICI Bank Ltd. | NCDRC | LiveLaw, September 2023)
Nifty Prediction For Tomorrow 13 May 2026 By Rohit Srivastava | Indiacharts
The Nifty 50 has officially broken below critical support, trapping traders in a new corrective wave pattern. We break down the hourly structure and confirm why this impulsive move down signals a continuation of the bearish trend. Discover the key Fibonacci retracement Tools you need to map out the next major bounce zones. Watch now to find out if the 23,000 level can hold, or if a deeper crash is on the horizon!
Nifty Update As On 13-05-2026.
SEBI Registered Name: Indiacharts Data Analytics Private Limited.
SEBI Registration No: INH000023630.
#Nifty #Nifty50 #NiftyPrediction #TechnicalAnalysis #StockMarketIndia #PriceAction #IndianStockMarket #NiftyLevels #Indiacharts #RohitSrivastava
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"I urge banks not to encourage their customers to buy gold. Gold just shines a little more than copper & brass".
FM P Chidambaram was asking Indians to not buy gold as economy can't sustain it.
This was back in 2013 when there was no Ukraine war or Iran-US war.