There is no change in the near-term outlook from yesterday.
If the markets manage to hold on to the levels of 54287/16247/33715 for the next 2 days, then it would be safe to conclude that the price correction is probably over for now.
The targets of 18000/40000 and like are in the cold storage for now. It’s purely stock specific action for the next few months.
10 May 22
If you're on Telegram, you can join us here - https://t.me/RaghavsPicksSensexOutlook
If you haven’t joined my paid calls yet – you can join now - http://blog.raghavs-picks.com/2022/05/performance-of-trading-calls-08-may-2022.html
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at
Raghav’s Picks – we will be 17 on the 18th.