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IPO Corner
Nifty Daily Analysis
03-02-2025
Nifty is trading at crucial weekly average levels of 23273. Breaking that will open the downside levels of 21247 which is S1. After many years we have seen a continuous selling streak for four straight months. If buying starts and the market stables then an upside of 26791 will be seen in the coming months.
Market Overview
The USA has learned to live with the high-interest rates. If the USA has interest rates around 5-7%, then a growing economy like India should have interest rates around 9-12%. Money flow shouldn't be freely available to capitalists. Sometimes Banks avoid the pain for the short - term. I am of the belief that early pain is good rather than delaying it. Some massive upside in the market is waiting.
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