Can we see 21000+ levels in next 6-8 months, looks like, good chart structure with C&H pattern on Weekly charts. markets to start to another bull run. Small caps and midcaps will lead this rally. Fundamentally, Earnings momentum might continue in next two quarters #nifty50
@_mrchaturvedi@amb_cinemas I like this obviously, location could have been better, dont know what made them built near Majestic. Marthahalli is the ideal place...
IT Index is up a clean 12% from it's recent low.
The index is still down 33% from all time highs.
A look at 12M forward PE multiples (via Bloomberg)
-> At highs (in December 2024): 34x
-> Now: 17x
-> 20 year median: 17x
Question is - have we made a bottom ? Sometimes a ignored sector makes a stealth move & it is up 20-25% before anyone notices. Is it one of those ? Or is this just a plain vanilla bounce which gets sold into eventually ?
We will be wiser in hindsight but don't think anyone has a solid answer right now.
Thoughts ?
#ArtificialIntelligence #Nifty #BankNifty #India #Trump #OilPrices
@latha_venkatesh@EmergingRoy Agree with Latha, Andhra has one of the best cuisines.. Andhra includes Hyderabad as well. Taste them once, one will never leave. If some one is talking only hyd biryani, that they didn't taste the best yet
@DealsDhamaka I know people who returned back to India for genuine reasons, many in my circle. it is more about about the family. Average NRI would still stay for Pride, Status etc. Those who really dont care would come back for sure if there is a reason.
@ravindraraj11 fdfs chusa Sudharshan lo, mind blowing experience, Blast from first scene, crazy crowds, tickets kosam, last show interval nunchi nunchune vallu...