Hold Tight! More record highs for Nifty in 2018 likely; 3 stocks which can give up to 38% return

The outperformance of mid and small cap segment is likely to continue as markets set eyes on earnings and Budget expectations.

Equity benchmarks reacted positively to the assembly election results earlier in the month of December which pushed the index to fresh all-time high.

The weekly price action resulted in a strong bull candle that overhauled past six week’s consolidation, signalling culmination of a corrective phase and resumption of an uptrend.

Going forward, we expect the index to head towards 10,600 in coming weeks as it is the 123.6 percent retracement of six weeks correction (10,490-10,033).

The key factor providing confidence in the current up move is the strength of broader markets vis-a-vis benchmarks.


The outperformance of mid and small cap segment is likely to continue as markets set eyes on earnings and Budget expectations.

Free Stock Cash Tips and recommendations with full executive’s support >>Ripples Advisory or ONE MISSED CALL ON @9644405056 to subscribe us!

No comments:

Post a Comment

Designed with by Way2themes | Distributed by Blogspot Themes