SENSEX 5000 Points Santa Claus Rally Coming Soon ?
It's that time of the year again!
After the Doom and Gloom of October comes the Rays of hope in November and the 'Trump Effect' may ensure that Santa comes early to the markets this year.
There is just a small matter of a recent Swing low (78768) to be undercut, and then we can see the liquidity return to the markets by way of cheaper rates (just how long can RBI hold out!?), Chinese outflows and World Peace! (God Bless Donald J Trump). Nominal technical Target for the rally could be in the range of about +5000 points (>6.42%).
Get Ready for Merry Christmas! 🎅
After the Doom and Gloom of October comes the Rays of hope in November and the 'Trump Effect' may ensure that Santa comes early to the markets this year.
There is just a small matter of a recent Swing low (78768) to be undercut, and then we can see the liquidity return to the markets by way of cheaper rates (just how long can RBI hold out!?), Chinese outflows and World Peace! (God Bless Donald J Trump). Nominal technical Target for the rally could be in the range of about +5000 points (>6.42%).
Get Ready for Merry Christmas! 🎅
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