Sensex is all time high in new financial year

[Austin 3:!6]

https://m-timesofindia-com.cdn.ampproject.org/v/s/m.timesofindia.com/business/india-business/why-sensex-nifty-are-going-up-five-top-reasons/amp_articleshow/68667607.cms?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCCAE%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From %251%24s

 

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[velu]

it tanked 250 points after your thread  

[randomGuy]

How does the market look for next 1.5 months (23rd May)?

[randomGuy]

Yesterday, republic tv Jan ki baat gave 300+ to NDA btw.

[randomGuy]

@velu @jusarrived @Straight Drive

[Straight Drive]

45 minutes ago, randomGuy said:

@velu @jusarrived @Straight Drive

Good to see the markets scale record highs in last few days. This rally can be aided further by two factors :

(1) Quarterly results to be announced in April and (2) The continuity of government post elections. A bit of this is already prices in by the markets though.

 

The inflows data too was awesome recently.

 

The dampener though is the news about not so good monsoon season this hear.

 

Programmes like Jan Nivesh  as well have helped get more people invest money in MF. Also observed that some organizations too are arranging sessions to employees which are conducted by financial organizations to inform and guide about investment. The more the people will come and invest the better will it be for the nation as well as initial investors. The percentage of individual participants is still near 8 percent and needs to grow.

 

[randomGuy]

Any levels for next 2 months (or longer) and probability assigned to it? @velu @Straight Drive @jusarrived

[Straight Drive]

1 hour ago, randomGuy said:

Any levels for next 2 months (or longer) and probability assigned to it? @velu @Straight Drive @jusarrived

I do not invest on the index neither do i do any technicals related to index. Hence other posters are probably more well informed and qualified to predict the levels.