👉Nifty after Hitting Life High of 11760 & Sensex hitting life High of 38989 saw some profit booking.
👉Nifty has strong support @ 11600/11490
👉 After consolidating Nifty can see New High soon till 11800/890 & possible a close above that can Take Nifty to 11990 also & can even Touch 12k mark If Global markets support.
👉We@ wealthcreatures feel Investors need To be Very cautious & Should not get carried away with Markets momentum.
👉Coz in just 5 months Nifty from lows of 9951 have touched 11760 ,Its up almost 18%.
👉One should be very selective in buying Stock now.
👉Only Quality stocks with Growth & Earning visibility should be added.
👉There are lots of Trading bets available in market currently especially in Midcap & Small cap
👉Few of our mid & small caps under performed when Recommended but we had told soon Midcap would get stable & recently are doing very well stocks like
ITI, Freshtrop fruits, Seya Inds,Tanfac Inds,PACL,HOCL, Kanchi, Delta Corp, Deepak Nitrite,HEG,FSL, etc.
👉Many stocks gave superb returns of up to 60% to 100% in short term
👉We@ wealthcreatures feel There is upside capped in large cap & Nifty in short term.
👉Before next leg of Rally Starts Nifty & Larcap should correct 5% To 10% and then continue its upward journey.
👉In short term there can be blast In select Midcap & Small cap stocks where earnings are visible.
Keep on Radar our Quality 👇
👉One should Keep booking profits as Nifty approaches Higher level.
Disc – All views expressed are for Educational and study purpose only.Consult your Financial Advisor before investing.