Falling in crude oil means is the equity market going to go up now? Market Outlook

Be it equity or commodity or currency market, all these have seen a different ups and downs.  When this news spread in the market that Russia has attacked in Ukraine.  After this, commodity saw a jump in its price as the exposure of Russia and Ukraine was the most commodity in it.  Because of that, the concern spread as to how this shortfall would be met in the market now.  Because of that the price of commodity tis went up and equity which is called risky assets.  There was a fall in it and the same currency had also seen a fall and against that the dollar index was seen to strengthen.

All the asset classes made their own records, as if talking about the currency market, some currencies were such that they had reached their covid low and the same equity market also saw a correction of 20 to 22 percent and the bond market reach at the levels of 2018 high.

And talking about the commodity market, there were some sectors in the commodity market that made a lifetime come and there were some sectors that reached their old high. when talking about metal sector, metal sector  made its new level and talking about gold and silver  If so, gold and silver did not see such a jump, but crude oil reached the high of 2008 levels. Inflation spread in the market due to the increase in the price of commodity and this inflation was not such that only domestic remained in the market.  This inflation spread all over the world.

And now the same crude oil price has corrected 27% from its top and the US 10 year bond yield has also come down from 3.5% to 2.8% and equity markets have also become lighter from here, so now it is believed  That now you are seeing some softening which can bring inflation under control.

 

 Nifty Outlook

A point is that the trend is going up in the chart.  But RSI is showing lower high and when double bottom is made in RSI then RSI also started showing that now we can buy from here and Nifty also started going up and RSI also up  Started to go . And the point which started falling below 70% in point C, means Nifty is yet to fall further.

The double bottom has again formed in point D and the same thing happened in point B and is now the most interesting point E.  Because poin E showing on chat a lower low and RSI has made double button.  RSI is running above 55%.  It Means Market will now go up from here.  If RSI goes like this 70% then you have to lighten your position a bit and watch all this in the time frame of 1 day .Now from here it becomes the outlook of the market.  All these things will be very true if the inflation in the market gradually decreases and that is also the crude oil coming down.  For equity market and for all asset classes, now the investor and trader have to see that if all these things come under control then you should buy your positions lightly.

Outlook Of GBP/USD

Now let us analyze the GBP chart.  Point A is showing you making low and high but RSI is making higher high.  This is called divergence and lick at point C and people are making it.  But rsi is making higher high.  admin now GBP is going to go up.

OUTLOOK FOR ALL MARKET INDICES 

Now from here it becomes the outlook of the market.  All these things will be very true if the inflation in the market gradually decreases and that is also the crude oil coming down.  For equity market and for all asset classes, now the investor and trader have to see that if all these things come under control then you should buy your positions lightly.