Post market analysis 27/02/2023

 

Post market Analysis 

1) Nifty - 17392(-73.4,-0.42%)  . India Vix 13.88( -0.31,-2.19%)

2) Nifty went upto 160 points down and covered up most later in the day 

3) This forms a new support for Nifty at 17392 

4) Natural Gas up 5% 

5) I am seeing many good stocks available at cheap price 

6 ) As market is volatile and there are no good news it is better to be cautious for couple of months and Invest 

7 ) Particularly in Automobile there is no clarity what will come up . Due to this the Automobile stocks are not performing . It can be EV , CNG , Green hydrogen or combination any of these two 

8 ) As of now two wheeler EV market looks promising . But for 4 wheeler we need to wait and see