@MattK62996475@J2CTrades@Whale_Guru The social score of this bull run is 0 because retail doesn't have any money. Look at all the jobs being cut all around you.
@chart_junkies He is completely wrong, we are playing out a wxyxz on the daily which is a wave 4 of 5 on weekly. Hence it's taking so much time. The fact that we will take out last week's low will prove it
@chart_junkies Even your projection violates a thousand rules. A bull run can't terminate with a three wave move on the daily. Thank god I never bought your course.
@chart_junkies Just like you have been calling wave 5 of 5 since 120k lol? Don't forget how many of your imaginary structures have been invalidated in last 6 months
@sushilb83@connectgurmeet Nobody is lying. Inflation is falling due to low demand. Festive demand is a one off thing. Markets have already digested this. What remains to be seen is if the demand growth continues (highly unlikely if you ask me)
Rise in gold ownership represents a lack of faith in the rupee denominated economy. Why is the Indian diaspora so bearish? Do they know something #Indianeconomy#Gold#GoldMarket
Indian households hold ~$3 trillion in gold (World Gold Council estimate), sitting idle in lockers. Meanwhile, equity investments fund companies that need capital to grow. We need better ways to financialize this gold beyond just gold loans.
Don't get carried away by these gimmicks of fund managers. Till a few months back, all Indian auto manufacturers have massive inventories lying idle with dealers. The festive season could have seen these getting cleared. Tough quarters could be ahead for Indian Auto OEM's.
Bajaj auto sold 30 two wheelers per minute in Navratri
Maruti sold 14 cars per minute
Mercedes sold 1 car every 6 minutes
Strong nos for TVs, ACs & appliances too
Let’s Hope we see some of it getting reflected in earnings too in current & next quarter.
Long consumption!!
The US wants Taiwan to spend 10% of its GDP on Defence. What's the point of being an American ally if they don't have your back? Taiwan will eventually fall to the Chinese.
https://t.co/5WpDmAjfR3