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This is what we getting today

28th August, shared #AVALON

Insane 98% upside 🤞🏻🚀

#NETWEB 1915 to 3802 🚀

USDINR no signs of reversal yet, we will move once USDINR reverses.

Again weak day, bullishness only when we are above all moving averages. If we are done with 2-3% fall from here, will be good for us, else brutal selling till gap. Area 16900-17000.

Again markets are weak, it will remain weak till USDINR gets depreciating.

View as of now, any update required will be shared.

NIFTY is likely to see another 1–2% decline from current levels. Similarly, NIFTY 500 could also fall by 1–2%. However, since our portfolio is largely concentrated in the small- and mid-cap space, focusing solely on NIFTY movements may not give the complete picture. At present, a 1–2% correction looks likely, but if the market fails to sustain after that, we could see a deeper correction setting in. In particular, the mid- and small-cap segments remain vulnerable, with the potential to decline by another 6–7% as a key gap in the charts is still pending to be filled.

Rationale will be to keep patience.

Once this cools down, we will enter again rally upside.

Look at the time line 18th Sept onwards USDINR started depreciating and making new all time low, that day market rally halted and we saw fresh downside there onwards.

Major reason behind fall, is USDINR hitting all time low, USDINR has inverse relationship with market if this keeps heading up, market won't be able to head higher.

No need to panic.

Today 😢

Today action in #SOLARA