CASHTHECHAOS COM
Strategy is to be ready to sell if the critical support breaks at 21,770 : Jai Bala Jai Bala advises caution in the market due to the potential break of critical support at 21,770, emphasizing the importance of monitoring specific bullish names and being ready to act accordingly.
10 May, 2024, 10.00 AM ISTWe’re probably in last stretch of bull run for 2023; great potential for reversal in Bank Nifty around 49K: Jai Bala Jai Bala says: “The largecaps are leading from the front. If you look at the smallcaps, we have seen some sort of an exhaustive move. We need confirmation that the midcaps and smallcaps have topped if they drop below the 21st of December low. We sti...
27 Dec, 2023, 02.17 PM ISTMarket may revert to 18,800-18,700 range & touch a new high around Diwali: Jai Bala According to Jai Bala, the Indian 10-year yields are set to increase, impacting the negative impact on bond holdings for Indian banks. Bala predicts a short-term pullback around 7.06-7.04%, followed by a sharp hardening of the Indian 10-year yields....
02 Aug, 2023, 05.12 PM IST- ADVERTISEMENT
Market in an accelerator phase of decline; take a hit and get out: Jai Bala "The market is in a decline and multiple sectors are breaking down. Reliance, banks, and IT are leading the way down. IT is on tenterhooks and Nifty IT cannot afford to go much below where it is right now. Multiple sectors are breaking down at this ...
13 Mar, 2023, 03.33 PM ISTToo early to call for bottom as market to go below June lows; save cash: Jai Bala “The trend is firmly down and the nearest important level for me is 17,428 on the Nifty spot. So, if the market sprints to 17,428 not even a close just a print, it will confirm and extinguish all remaining hopes for the bulls that the market is head...
27 Jan, 2023, 03.54 PM ISTIf Nifty breaks below 18,130, we may go below June lows, says Jai Bala "Nifty Smallcap 50 and the Nifty Smallcap 250 they are off the all time highs from somewhere between 8% and 21% depending on which index one is looking at. They have already been underperforming and once the heavyweights start dragging the markets l...
21 Dec, 2022, 04.02 PM ISTWant to play on the long side? Go for bank and logistics stocks: Jai Bala “To me, it still looks like a corrective trend and within that, the market is trying to push towards an all-time high. The market is alright as long as it stays above 17,969 as below that, things start to get weakish for the Indian market. But as lo...
23 Nov, 2022, 02.32 PM ISTJai Bala on when we will see the next big market correction “The Indian market is slightly outperforming the world markets and I do not think that it is sustainable.In the extreme short term, market going to go very close to the record highs registered in October 2021 or slightly exceed that. Then it is goin...
15 Sep, 2022, 09.17 AM ISTNifty@14.400 very much on table but may not go lower: Jai Bala “I will keep pharma and IT on radar. IT is looking more promising than pharma so on a ranking scale, IT first and then pharma next but pharma needs to confirm from a market perspective on the price charts that it is reversing from there. Nifty Small...
17 Jun, 2022, 10.00 AM ISTThis market needs to get close to 14,000 but expect an intermediate bounce: Jai Bala “This market needs to get somewhere close to 14,000 before we can think of the bull market that started in March 2020 resumeing. So until that point, more pains are ahead but we will have an intermediate bounce one more time which will be a little b...
13 Jun, 2022, 05.34 PM ISTNext round of downtrend may have begun; India to slightly underperform world markets: Jai Bala “ The fact that the market did not go above 16,825 opens the possibility that the next leg of the downtrend has begun. If we see a close below 16,400 it increases the odds that the downtrend has resumed even higher. I would have preferred the market...
07 Jun, 2022, 05.56 PM ISTA short-term bounce likely before Nifty heads for 14,000: Jai Bala “The Indian market needs to go below the March low for it to find its footing but there is a possibility that it could stretch to 15,400 in the short term bounce over the next four to six weeks and make people forget what has happened over the last ...
20 May, 2022, 08.54 AM ISTExpect Nifty to drop to 14,000 before this correction ends: Jai Bala “We have not seen panic selling yet. Coming to the Indian Nifty, I expect it to drop to somewhere close to 14,000 before this correction comes to an end. Maybe we can evaluate if it can go a little lower but at the moment, these are the minimum pric...
06 May, 2022, 04.20 PM ISTToo early to start nibbling, let the downsides play first: Jai Bala “This bull market correction in 2022 is likely to last at least for another couple of quarters. We will have intermittent bounces that will make the market volatile. The theme is an overall correction for 2022, but the bull market is intact. When th...
14 Feb, 2022, 06.21 PM ISTExpect a short term bounce followed by bigger selloff in Jan: Jai Bala “The secular bull market is going to last for probably the next couple of years but it is going to cause a lot of pain for the next two quarters.”
21 Dec, 2021, 09.28 AM ISTIf Nifty goes below 17,250, the correction can get deeper; better raise some cash: Jai Bala “If the market were to break any levels below 17,250, the correction can get deeper. At the moment, I am not envisaging that but if it does that we should be prepared for a deeper correction.”
23 Nov, 2021, 09.13 AM ISTNifty may hit 11,600 if it crosses key resistance level of 11,225: Jai Bala ‘The emerging markets are having a great run because of the dollar weakness’
24 Jul, 2020, 09.00 AM ISTExpect bank index to retest March lows: Jai Bala ‘Pain is coming from IndusInd Bank, which carries a reasonable weight in the index’
19 May, 2020, 05.35 PM IST- Downside potential for the market is at least 4700 from a 3-6 months basis: Jai Bala, Technical Analyst, Cashthechaos.com
Jai Bala, Technical Analyst, Cashthechaos.com in an interview with ET Now talks about his outlook on markets and investment strategies.
09 Feb, 2011, 04.45 PM IST Nifty's downtrend is at initial stage: Jai Bala, Cashthechaos.com Nifty's downtrend is at initial stage: Jai Bala, Cashthechaos.com
09 Feb, 2011, 12.33 PM IST