We’re probably in last stretch of bull run for 2023; great potential for reversal in Bank Nifty around 49K: Jai BalaJai 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 ne...
27 Dec, 2023, 02.17 PM IST
Gear up for a lot more downside; minimum a Nifty move below 15,183: Jai BalaJai Bala says the markets are in a bear grip and there is a lot of downside to work with. The next significant support for the Nifty is abo...
14 Mar, 2023, 04.41 PM IST
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 ...
13 Mar, 2023, 03.33 PM IST
Too 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 ...
27 Jan, 2023, 03.54 PM IST
Market poised to go quite a bit lower; put protection between now and February: Jai Bala"Definitely cover some portion but do not cover the entire portion because it is difficult to now completely come to the conclusion that we...
06 Jan, 2023, 02.31 PM IST
Want 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 alrigh...
23 Nov, 2022, 02.32 PM IST
This 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 t...
13 Jun, 2022, 05.34 PM IST
Next 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 be...
07 Jun, 2022, 05.56 PM IST
Expect 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 co...
06 May, 2022, 04.20 PM IST
Too 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...
14 Feb, 2022, 06.21 PM IST
Expect 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 qua...
21 Dec, 2021, 09.28 AM IST
If 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...
23 Nov, 2021, 09.13 AM IST
Buy IT, pharma and FMCG stocks on dips: Jai BalaThe markets have already done with the current break of the correction and we might have further upswing to about 11,850.
11 Sep, 2020, 03.27 PM IST
Nifty 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 IST
Expect 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
Chartists, fundamental analysts agree this stock can take you to La La Land this yearThe stock surged nearly 10 per cent last week even as the charts yielded a breakout of the triangular pattern after nine years of underperf...
27 Feb, 2017, 12.47 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