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This is a typical CPR trade. When Nifty is strong in a daily and reverses from PDL usually Pivot is the target. Not hindishgt analysis but have seen this often particularly during bullish market conditions.
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To all Doctor & CA Friends..!!
Today is a day for respect of
two different professions...! !!
Doctors who are known to
manage the health of humans
And
The Chartered Accountants
known to manage the wealth of
humans...!!!
Therefore, to all the Docs n
CAs.. Happy Profession Day...
Keep people Healthy &
Wealthy...
Happy Chartered Accountants'
as well as Doctors' Day...!!!
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More of a touch and go market. It takes no time to disappear paper profit in such market conditions. So "le ke bhago" 🏃♂️🏃♂️➡️
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ASAP:
As Slow As Possible
As Soft As Possible
As Sustainable As Possible
As Sincere As Possible
As Steady As Possible
Allow Space and Pause
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🗓️ June 21, 2025, marks 34 years since P. V. Narasimha Rao took oath on June 21, 1991, with Dr. Manmohan Singh as Finance Minister. On that historic day, the Sensex was around 1,361, and today it’s approximately 82,400—a growth of about 60× over 34 years.
📈 But focusing on 25 years—since June 21, 2000—the Sensex rose from roughly 4,000 in mid‑2000 to 82,400 today, marking about a 20× increase. Over the full span since 1991, the index has surged nearly 60 times, with experts even noting a jump from ~1,000 in 1991 to ~79,000 in late 2024 (≈79× growth) .
⸻
🇮🇳 The Indian Economy in Perspective
• 1991–2025: Sensex climbed from ~1,300 to ~82,400 → ~63× growth
• 2000–2025 (25 years): Jump from ~4,000 to ~82,400 → ~21× growth
• Annual CAGR: Broadly ~13–15% over the decades
