I feel Sundaram Finance a strong NBFC from South India always gives a clue on Market. Posted is monthly chart. And the is breaking 40 Month Average once more.
We can see similar in 2008 and 2020
And we know what happened to market.
On same basis i expect Sundaram Finance to touch 1600 levels (100 month MA) where i will add more and probably re enter market.
We can see similar in 2008 and 2020
And we know what happened to market.
On same basis i expect Sundaram Finance to touch 1600 levels (100 month MA) where i will add more and probably re enter market.