👉In our last edition we had stated that Nifty was entering in overbought & Nifty Corrected From 10929 To 10400 Levels.Nifty took Support around 10400 levels and bounced back to close at 10607.
👉Even as crude as made its top of 81$ & we expect crude to correct in Near term as it is in over Bought territory.
👉We Expect Nifty To Trade at Higher Levels Above 10640, We can expect 10700/800kind of Levels On Nifty in May Series. Nifty can trade in range of 10400-11060 in May & June series.
👉Nifty won’t be in hurry to make a new top. We @ wealthcreatures feel Markets would wait for Moonsoon & if there would be good monsoon New high on Nifty can’t be Rulled out in July or August.
👉select Midcaps & Small caps are showing signs of Stability. In our last Edition we had told that midcap index can correct 2 % to 4% & Midcap Index correct from 19100 To 18370 & bounced backed from exact levels. We expect Midcap to slowly comeback in action.
👉We expect Quality Midcaps To bounce strongly from mid June.
👉Many of our Recommended stock bounced backed from our suggested levels.
👉Link of quality stocks to be added for medium to long term 👇👇👇
👉Disc- All Views expressed are for Study purpose only. Consult your financial advisor beforeinvesting.