Nifty may go down for a long time

Mis à jour
Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon...

18 Stocks Warren Buffett Is Selling (And 6 He's Buying)
Berkshire Hathaway's chief kicked a number of stocks to the curb, lightened upon others, made a surprising new investment and even bet big on himself in Q2. This has happened in Q2 2020 which is after the crash


b]Stocks he sold were all Banking stocks, Airlines, Petroleum, Food Chains
Stocks he brought were all retail, alternate energy and GOLD

LOOKS LIKE HE IS PLANNING FOR RECESSION.

Chart analysis says, Its a very big fall but has to reach 12262 one last time before the fall. US markets have already started falling.

Its time for Nifty to start following the chart as the US, because seems like both the fall is tied to the US Election results.
Puts have started getting good volumes for 10500 in December options. Seems like Trump may not make it again, which is bad news for us as trade relations may start to become a bit worse for India.

Overall, I kind of see the start of a long SHORT!!
Note
I said Warren Buffett is planning for a recession because he never sold banking shares ever because it is money-minting. If he has to sell that he means no more money from the bank stocks indicating people will default on their EMI's.
This can happen only happen if people are losing jobs and spending less. This also may be the reason for him to sell restaurant chains and petroleum products.

Now, coming to his buying trend it looks like his thought process is as follows:
People will still buy groceries even if it is recession. Hence the grocery stores.
Alternative energy is the future and he is investing in it.
During recession gold is the only safe haven.
Note
I will short every time I get this price (Mentioned in Chart)
Beyond Technical AnalysisMultiple Time Frame AnalysisNIFTYnifty50Trend Analysis

Aussi sur:

Clause de non-responsabilité