[đŸ„‡Arun_Kumar_M ][POLL][20260413]Where will NIFTY close this expiry?

NIFTY closed at 23842. Congrats to winners:


Note: Votes can be made and changed until Apr 13 9:15AM. However, highly coveted rank badges are awarded on first vote first rank basis.

Where do you expect NIFTY to close?
  • <=22000
  • 22250
  • 22500
  • 22750
  • 23000
  • 23250
  • 23500
  • 23750
  • 24000
  • 24250
  • 24500
  • 24750
  • 25000
  • 25250
  • 25500
  • 25750
  • >=26000
0 voters
What’s your overall view?
  • Bullish
  • Bearish
  • Neutral
0 voters

Previous poll: [đŸ„‡karanshah137 ][POLL][20260407]Where will NIFTY close this expiry?

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https://www.reddit.com/r/wallstreetbets/comments/1shodi9/

No deal folks!

https://www.reddit.com/r/wallstreetbets/comments/1sj27c9/

Generally not good practice to link to external forums, especially as the red alien has caused the death of many a smaller forum such as this. :warning:

I mean Zerodha itself officially posts there: https://www.reddit.com/r/marketsbyzerodha/

The current major geopolitical events revolves around US and trump and most known forum that’s involved in such events is the Red Alien’s WSB subreddit. Interlinking to bigger forum especially as big as wsb who were involved in movements like gamestop may actually provide better view diversity and help traffic here, IMO. I mean this forum is too small for anyone to be sucked out. People here are here for other reasons such as official Zerodha support, tax support etc.

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and a better signal-to-noise ratio. :crossed_fingers:t4:

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with this deal not happening, market downward journey will start again on Monday. My guess 
expiry to be around 23500. Nifty.

normally with so rising global tensions, gold n silver used to rally in the past. but this time its not happening . Any explanations? Despite rupee dpreciating against USD, gold price in the Indian market has not gone up. Isn’t it strange?

Call me skeptical, but market rarely does what everyone expects. For all you know Trump might be like “Talks went really well
 Just some minor issues left to resolve
 Strait opening imminent
” just before open and Market will lap it up. Then war will continue next weekend after friday close
 It’s textbook at this point.

Even if he doesn’t say anything I doubt we will fall again for same news. Market usually doesn’t react twice for same news. Now we will react only if the war gets bigger than what it ever was.
So Monday we may get a muted response. Max 200 to 300 points down. Actually I don’t even see that.

I never saw war as the reason for the fall, but fundamentals
 with war as excuse. The current sharp pullback shows sentiment as positive with Trump’s lies as excuse(I mean
 did anyone seriously believe in the ceasefire)
 Nevertheless if brent hits like 150+, I doubt markets can defy gravity.

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Gold backed Crypto isn’t showing any significant movement(-0.89%).

US markets down more than 2%.

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Still 1.5% was just erasing past 2 day gains. It’s up 8.5 - 11% from the bottom last week. Considering that the status is exactly the same as at the bottom last week, it’s still up 7-9% and hasn’t even fallen half as much as it gained.

Fundamental wise in my opinion, we won’t go lower than these levels. Anyways, we have always differed from each others opinion.

Iran promised to open the Strait of Hormuz, and they knowingly failed to do so. This caused anxiety, dislocation, and pain to many people and Countries throughout the World. They say they put mines in the water, even though all of their Navy, and most of their “mine droppers,” have been completely blown up. They may have done so, but what ship owner would want to take the chance? There is great dishonor and permanent harm to the reputation of Iran, and what’s left of their “Leaders,” but we are beyond all of that. As they promised, they better begin the process of getting this INTERNATIONAL WATERWAY OPEN AND FAST! Every Law in the book is being violated by them. I have been fully debriefed by Vice President JD Vance, Special Envoy Steve Witkoff, and Jared Kushner, on the meeting that took place in Islamabad through the kind and very competent leadership of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan. They are very extraordinary men, and continuously thank me for saving 30 to 50 million lives in what would have been a horrendous War with India. I always appreciate hearing that — The amount of Humanity spoken of is incomprehensible.

The meeting with Iran began early in the morning, and lasted throughout the night — Close to 20 hours. I could go into great detail, and talk about much that has been gotten but, there is only one thing that matters — IRAN IS UNWILLING TO GIVE UP ITS NUCLEAR AMBITIONS! In many ways, the points that were agreed to are better than us continuing our Military Operations to conclusion, but all of those points don’t matter compared to allowing Nuclear Power to be in the hands of such volatile, difficult, unpredictable people. My three Representatives, as all of this time went by, became, not surprisingly, very friendly and respectful of Iran’s Representatives, Mohammad-Bagher Ghalibaf, Abbas Araghchi, and Ali Bagheri, but that doesn’t matter because they were very unyielding as to the single most important issue and, as I have always said, right from the beginning, and many years ago, IRAN WILL NEVER HAVE A NUCLEAR WEAPON!
Avatar

Donald J. Trump

So, there you have it, the meeting went well, most points were agreed to, but the only point that really mattered, NUCLEAR, was not. Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz. At some point, we will reach an “ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT” basis, but Iran has not allowed that to happen by merely saying, “There may be a mine out there somewhere,” that nobody knows about but them. THIS IS WORLD EXTORTION, and Leaders of Countries, especially the United States of America, will never be extorted. I have also instructed our Navy to seek and interdict every vessel in International Waters that has paid a toll to Iran. No one who pays an illegal toll will have safe passage on the high seas. We will also begin destroying the mines the Iranians laid in the Straits. Any Iranian who fires at us, or at peaceful vessels, will be BLOWN TO HELL! Iran knows, better than anyone, how to END this situation which has already devastated their Country. Their Navy is gone, their Air Force is gone, their Anti Aircraft and Radar are useless, Khamenei, and most of their “Leaders,” are dead, all because of their Nuclear ambition. The Blockade will begin shortly. Other Countries will be involved with this Blockade. Iran will not be allowed to profit off this Illegal Act of EXTORTION. They want money and, more importantly, they want Nuclear. Additionally and, at an appropriate moment, we are fully “LOCKED AND LOADED,” and our Military will finish up the little that is left of Iran! President DONALD J. TRUMP
4/12/26, 9:00 PM

India isn’t getting special pass. Blockade + Blockade cancels itself?

In less than 4 weeks we will see 21500. IMO

Indian Navy is escorting tankers that were stuck west of Hormuz. :ocean:

https://www.marineinsight.com/indian-navy-launches-emergency-mission-to-rescue-18-stranded-ships-in-persian-gulf/

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1 day old news though. The block commenced just a few hours before and all future shippers are expected to be blocked.