Nifty (Market Outlook) (Diwali to Diwali Outlook)
Nifty will continue to consolidate but remain bullish in the coming 12 months the range in which we expect Nifty to remain till next Diwali will be 18800 to 22000. Worst case scenario seems to be 17800 and the best case scenario seems to be Nifty going towards 22K.
Midcap will remain bullish if FII inflow continues and Large caps are also expected to grow decently between 7 to 15%. Large caps will be a safer bet for conservative investors as volatility will be expected.
Volatility is expected in the index as it is an election year and unresolved global issues are still trying to play a role however, India should remain rising and shining star of global economy.
Midcap will remain bullish if FII inflow continues and Large caps are also expected to grow decently between 7 to 15%. Large caps will be a safer bet for conservative investors as volatility will be expected.
Volatility is expected in the index as it is an election year and unresolved global issues are still trying to play a role however, India should remain rising and shining star of global economy.
Happy Candles Investment
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