Current Affairs

As an equity research analyst, I recognize that the past six weeks of market declines, marked by heightened bearish sentiment, have created a challenging yet opportunistic environment for investors, traders, and speculators. The Nifty 50 has been sliding week by week, testing its 23.6% Fibonacci retracement level with key support at 24,473 and resistance near its all-time high of 25,670. Bank Nifty, a significant market driver, has also faced pressure but is holding above its critical support at 55,280. With the market in a consolidation phase, this blog outlines tailored strategies for investors, traders, and speculators to navigate these turbulent times effectively, drawing on current market dynamics and sectoral trends. For Investors: Strategic Deployment and Portfolio Optimization If You’re Sitting on Cash For investors who sold earlier and are holding cash, now is a prudent time to start deploying capital. The market rarely allows purchases at the absolute bottom, so waiting...