• Jio Finance gets listed and more in Markets Last Week

  • Aug 27 2023
  • Length: 5 mins
  • Podcast

Jio Finance gets listed and more in Markets Last Week

  • Summary

  • Last Week markets were a see saw. Nifty seemed to break out of the bullish flag but then dived back in to break previous Months low. Market Mood Index at the moment indicated extreme fear, we have to see where it will go from here. Extreme fear seems to indicate that its a time to buy but technical charts wise it does not really look so JIO financial services was listed this week in the stock market and since then has been stuck in Lower Circuits, friday saw a bit of a buy back but its still to be seen if it will sustain or next will be bring another series of Lower Circuits for Jio financial services. There was a lot of expectations from Jio Financial Services and the performance is definitely not going as must have been planned. BHEL jumped up 10 percent in a single trading session on Friday due to a news of a 4000cr order from a wholly owned subsidiary of Adani Power. Bhel though ended the week a little lower at 105. Next week is going to be deciding, at the moments things are still undecided. The current status would be still consolidation but I think we have reached the end of consolidation and a directional move is round the corner Follow me on twitter https://twitter.com/equrve Subscribe to this channel https://www.youtube.com/@equrve?sub_confirmation=1 Follow our podcast Spotify: https://open.spotify.com/show/0qx6LZKpcnvAunu7rez41N Amazon Music: https://music.amazon.in/podcasts/ce523dbf-4f36-410e-8171-674a87a4adc8/equrve-markets-last-week Apple Podcast: https://podcasts.apple.com/in/podcast/equrve-markets-last-week/id1698884453 #marketmoodindex #nifty #nifty50 #niftyanalysis #niftyprediction #stockmarket #stockmarketindex #stocktrading #stocks #jio #jiofinancial #bhel #trading


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