- 1st week of the month has got to give:
- Monthly auto sales data
- Monthly cement sales data
- Manufacturing PMI data
- Services PMI data
- US Jobs data
- Put option open interest level = Support level
- Call option open interest level = resistance level
- US Interest rate increase = People tend to exit booking profits
- In US terms, in a bull market
- < 10% fall = normal
- 10% to 20% fall = correction
- >20% = transformation to a bear market
- Manufacturing PMI > 50 = Economy in expansion mode
- Automobile industry performing not upto the mark because of Semi-conductor shortage (As at Mar, 20)
(Will update )
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