Bet on Midcaps or Largecap ?

👉Nifty has bounce backed sharply from lows of 9960 To 11000 Levels. We had previously given Target Of 13000 On Nifty and that can be Seen very soon.

https://wealthcreatures.com/2018/03/10/is-this-right-time-to-buy-in-equities-we-see-nifty-13000/

In short term we can Test 11500 On Nifty.

👉Few investor has made money and many have even lost as Portfolio is not balanced between largecap & midcap stocks.

👉From Jan 2018 Midcaps are in urge of Downfall & In this carnage many Quality stocks are also beaten down.

👉Midcaps ready for Bounce back.

👉Currently midcap Cnx Index Trading at 18055 Levels.

👉Midcap Index has corrected from high of 21840 made on 15th Jan 2018 To 17700 Levels Made On 17th July 2018.

👉Midcap Index has corrected almost 20% from highs.

👉Bottom seems to be closeby ,17680/17000 is very strong support & Midcap Index can bounce 5% to 10% from Support Levels.

👉Good quality stocks with Earning visibility can surprise and outperform also in next 12 months.

👉Even Small Cap Index has very strong support levels at 6900/6600.

👉Disc – All Views expressed are for Study purpose only. consult your financial advisor before investing.

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