👉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.
WealthCreatures 