The stock market has entered the price correction phase

According to the economic correspondent of Fars News Agency, the capital market seems to have entered the short-term correction phase in the form of price microwave correction in the days when it sees almost all its performance indicators in green, by changing the trend in the half of Monday trading.

Under the influence of fundamental factors and value, the stock market was considered again in March and has had a good return. Among the positive points of the stock market in recent days, we can mention the increase in the value of small trades, the greater willingness of real investors to buy stocks, which is a sign that money has entered the stock by real people and money has left the fixed income funds. In other words, the cash flow of real shareholders in recent days confirms this.

Factors such as rising corporate earnings, holding regular meetings in the coming months, rising global prices, rising exchange rates and the calm political atmosphere created by the 13th government have created the conditions for investors to participate in the stock market at this time.

* Shareholders be careful

The price correction that has taken place in the capital market since Monday has caused the overall index to turn red on Tuesday as well, and the stock market has made a trend reversal to return to strong support in the half-channel of 1.4 million units.

Many experts believe that shareholders in the current situation should be more careful in their transactions so as not to suffer more losses again.

This price correction, because it did not occur for the whole market, will only slow down the upward trend of the market. In the second week of April, the market will record yields above 1.5 percent per day, but during the price correction period for some stocks, market growth will be limited and will grow less than five thousand units.

In other words, capital market experts advise investors to be more careful in buying and selling, given the growth in the capital market in some symbols, especially large and index-based stocks.

* Target the capital market in the medium term

The capital market in the current situation is involved in several resistances for growth. In other words, the current range is very important and vital from a graphic point of view, and if we pass the second half of the channel of 1.4 million units, we can imagine a target of 1.5 million units for the index in the medium term. Therefore, investors are advised to enter new stocks with caution due to the rapid growth of the market in recent days.

Many capital market experts believe that in the coming days, the market will remain green and the basic metals, cement, automobile and equity funds industries will be well received.

The reason for this is the publication of monthly sales reports for the 12 months of 1400, in which many companies performed well during this period. The performance of the base metals group has been very good due to the growth of world prices last year.

Experts believe that the overall market trend is positive, but given the recent growth and prices reaching resistance levels, there is a possibility of intensifying supply, which can be seen from the second half of the market on Monday.

* Stock selection factors in the current situation

Reza Golestikhah, a capital market expert, said in an interview with Fars News Agency’s economic correspondent: “At the present time, shareholders are more inclined to bring money into groups and symbols that have benefited from global market developments; Groups of base metals, petrochemicals and steel chains and related symbols have been the main focus groups.

He continued: “Industries such as cement have also been considered by shareholders due to their positive fundamental performance, improving the sales process and increasing prices;” Among the similarities in the stock selection factors in the current period, we can mention the selection of symbols that have a higher profitability ratio, low price-to-earnings ratio and maximum profit distribution in the assemblies that have received more attention in this period.

The capital market activist stated: Another point that affects the market as a whole can be pointed to the tax exemption on the profits of investment funds, which can be an incentive to transfer part of real and legal deposits from the bank to the funds, and in general can be a positive and effective factor. It is considered for financing companies, and on the other hand, the accumulation of resources in funds can also increase the power of resources to enter the stock.

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