Last phases of election are going on the result will be declared on 4th June the talk of the town is what will happen to Nifty if election is won by someone who is expected to win the general elections in India and what will happen if the results are unexpected. We can not predict elections and we can not predict how the Nifty will behave but certainly the charts...
Blockbuster rally makes it a festive Makar Sankranti, Uttarayan, Bihu, Lohri and Pongal for investors but how far can this rally stretch is the question?
I will try to answer the question based on Technical analysis. On the onset let me tell you that predicting exact top and exact bottom in a short term is a very difficult task but The candle today has opened...
Nifty Long Term Outlook: (Little Long message but must read analysis for all connected to stock market).
Nifty seems to be moving pretty solidly since 2019 in the long term channel shown in the chart. We have also intersected the chart with fibonacci supports and resistances for the Nifty. The candlesticks used are monthly. The Channel starts from Mid 2019 and...
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...
