2nd and 3rd largest bank failures since 2008

On March 23rd, 2023, the stock market is expected to experience a reversal, as predicted by our market timing firm. Recent events have resulted in the US regulators taking control of Silicon Valley Bank and Signature Bank, which were the 2nd and 3rd largest bank failures since the 2008 recession, respectively. In our Annual Letter 2023 press release, we had forewarned of the possibility of such events and the challenges central banks may face with interest rate hikes.

On Friday, the indices achieved the first target of the short position for indices, with the S&P500 reaching 3850. Additionally, in the Indian market, we had a short position in Nifty @ 17800 & Bank Nifty @ 41300. We covered 50% of the position last Friday (Nifty @ 17400 & Bank Nifty @ 40500). As a market timing firm, we continue to closely monitor these developments and provide valuable insights to our clients to assist them in making informed investment decisions.

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About Rajeev Prakash

Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field. Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications If you are looking for a way to increase your chances of making money in the stock market, then you should consider using AstroDunia. The firm has a proven track record of success, and its team of experts can provide you with the information and advice you need to reach your financial goals.