Nifty Gets Oversold and Ready to Fly

Nifty Gets Oversold and Ready to Fly - Video Update

Published: Mon, 06/21/21

After all, this is behind you will wonder what did the FED really deliver?? Central banks. It may start with interest rate management, move to liquidity measures, and then in the end the last point is the use of central bank communication as a monetary tool. This last one involves using the right language and words to set expectations. It means you tell the market what to believe irrespective of what it thinks you are doing or plan to do. This last one can get tricky especially in the current situation where the FED says it will continue with its QE, will not raise rates till 2023, and has only started to talk about talking about when to normalize policy. The market-driven by Algos and Computer models reads and reacts to words and communication. That is what the market has ended up reflecting in the last few days. But back to reality nothing has changed today and will not for another year or two in monetary policy. Now if you know how to discount an unknown event 2 years in advance do so in your portfolio right now. As for me, I have fortunately not become that smart.

Rohit Srivastava

The Truth About the Markets

Video link below -This latest Video update is from this mornings Insiders Update - Sharing it with everyone

Nifty Oversold and Ready To Fly

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Rohit Srivastava
www.indiacharts.com
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