Nifty has given buy signal ahead of Union Budget 2026. Traders can make use of this opportunity. Nifty futures February contract now at 25530
Disclaimer: For education purpose only #Nifty#trading#Budget2026
Release of key economic data such as Labour statistics and timely inflation data may play major role in driving market in upcoming days. #Bullion#ratecut#Fed#windfallreturns
๐งต FED cuts policy rate by 25 basis points in the meeting held yesterday.
Fed chair further tempered the hopes of rate cut in December on the back of lack of crucial labour data owing to US Govt shutdown.
US and China President in talks to ease trade tariff.
Gold and Silver hindered by diminished hopes of rate cut.
Fed plans to end Quantitative Tightening soon.
Current scenario positive for Equities market and negative for bullion.
๐งต Trade or invest in the trend of the market. Nifty will resume its upward movement today and will peak above 25300. Much of the movement in the past couple of days are given away to the FED speakers and resumption of the upward will happen from today.
All these upcoming factors will drive Nifty towards 28000 by year end or at the start of next year.
Nifty levels for this month
24600-25450 #economy#nifty50#TradingSignals
These factors will drive the market upward from here. RBI MPC meeting held at the start of this month kept Interest rate unchanged and monetary policy stance to neutral. The slash in GST and low interest rate will boost economy in the coming months.
Nifty crossing above 25550 can spur further higher to break the all time high of 26277 made in the month of September 2024.
Multi month ultra low inflation may induce RBI to ease further with rate cuts to boost economy and increase spending.
Now market is at the point from where the good news of the domestic factors should drive market upward.
Domestic driving factors include
-Slash in GST
-Ultra low multi month inflation
-Rate cuts of the current FY.
With tariff implementation hitting almost all of the above said sectors except services which is in online mode, the bad effects of tariff implementation has already caused the damage in Indian market.
Trade in the trend of the market.Last week market had digested all negative news that was forecast to arise owing to tariff implementation by US. Trade between India &US includes
Service sector(online) with major portion of the trade.
Textiles
Auto spare parts
Chemicals
Medicines
Further upside can be seen in upcoming months. This can be right time to enter into positive trend of the market. Nifty SL 24600. #Nifty50#BullRun#Trading#windfallreturns
Trade or invest at the trend of the market.
Indian market has seen recent bottoms of the present economic conditions and tariff hit by US. Now it is time for resumption of bull to take charge over market.
With good GDP forecast in upcoming quarters, GST slash on various products, controlled inflation numbers on strong supply of food chain and durables, market is now well poised to move upwards and break above 25550 in this month.