jhina is said to have done all these stimulus
like cut rates and red tapes for buying houses and borrowing
iron ore price has gone up to 117/tonne - indication that jhina economy is gearing up to constructed and build again.
But there will be a time lag like 3 to 6 months before it actually materialise.
i will average down when i see clear sign - jhina improving like
jhina EV manufacturers saying sale look strong for out years 2024,25,26 ( not just 1 month then the next few month it drop)
so it may drop further
or bounce back up tomorrow - depending on how the market interpret the data coming out of jhina.
Good News & Bad News, page-33295
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