From CA Abhay's Desk My perception doesn't changes with pric | Start Learning

From CA Abhay's Desk

My perception doesn't changes with prices, that's why was not bullish in last 2 days even after more than 600 points rally. Macro factors are not in favor of Bulls and with performance pressures on the results of globally and Indian companies are clearly visible that's also not supporting bulls.

Risk of Russia War is still there with Finland's statement to join NATO.

Russia- Ukraine war is still going on.

IN RBI Interim POLICY Minutes we can see that all menbers have agreed to raise interest in coming June Month and August months policy from 0.50% to 0.75%.

We have only support of China+1 Policy of Investments in India and Companies perform well and publish good results so that based on micro factors Bulls can be bullish on stocks.

One more points to add that With slowing of demand and consumptions in the Indian economy and globally, FED and RBI may softens there approach towards raising the interest rates fastly and may see a Accomodative approach.

We will be see a full range bound trade in this year

#LoveAV

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