There are many factors driving the market.
Russian Invasion
Crude prices
Inflation, Fed rate hike fears
UP state election results
FIIs heavy selling
Overall market considered the worst scenarios and corrected accordingly:
Two major support zone for market are 15600-15900 and 14350-14700 Markets may reverse from any support zone
Long term investors should hold with patience, market maybe sideways for sometime. For new investment capital can be deployed in chunks of 10-15% each for every 100 points fall.
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
Russian Invasion
Crude prices
Inflation, Fed rate hike fears
UP state election results
FIIs heavy selling
Overall market considered the worst scenarios and corrected accordingly:
Two major support zone for market are 15600-15900 and 14350-14700 Markets may reverse from any support zone
Long term investors should hold with patience, market maybe sideways for sometime. For new investment capital can be deployed in chunks of 10-15% each for every 100 points fall.
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.