2 top stock recommendations from Aditya Arora
«So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish,» says Aditya Arora, Adlytick.
What is your bet? Are we likely to hit 25,000 over the next 10 to 15 days or not?
Aditya Arora: Look, market is actually waiting for a big trigger and that trigger lies in Fed's meeting which is lined up in this week. So, before that I do not think market will show very big movement, but in fact would consolidate in a tight range.
Depending on the commentary we can see a very big-big action in the market, both international market and Indian markets are well poised for a big action in the market and I think post the Fed event we can see movement of 200 to 500 points in Nifty.
So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish.
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