Where are Markets Headed Around Election Month IN 2019

g_m2m_market_web-k9TH--621x414@LiveMint

🔷️Last 20 year Data Suggest that markets gained in MAY Series in Election year Almost Everytime.Even in 2019 we can see similar Trend to continue.

🔷️IN 2014 NIFTY GAINED 11% IN MAY SERIES 6600 to 7300

🔷️IN 2009 NIFTY GAINED 25% IN MAY SERIES 3600 to 4500

🔷️WHAT CAN WE EXPECT IN 2019???
MOST DIFFICULT TO ANSWER???

🔷️APRIL SERIES NIFTY EXPIRED AT 11630.

🔷️CURRENTLY NIFTY TRADING AT 11750.

🔷️IF WE GO BY PAST DATA NIFTY CAN TOUCH 12500 TO 12800 IN MAY SERIES.BUT ON OTHER SIDE 12000/12300 SEEMS MAX UPSIDE FOR CURRENT MARKET RALLY.

🔷️ELECTION OUTCOME VIEW: Poll of many people suggest Educated people have given a clear cut vote to BJP.

UP and Bihar seats would be the most crucial element for election as these states would be make and break .

Mr.Modi Campaign in US,Cannada & Many European countries are making a big footprints by Indian Residing there.

🔷️WONT BE SURPRISED TO SEE IF NIFTY COULD CROSS 12000 MARK IN NEXT 15-20 DAYS.

🔷️STRICT STOP LOSS SHOULD BE MAINTAINED AT 11540-11530 FOR LONGS.

🔷️11550 TO ACT AS SUPPORT FOR NIFTY IN SHORT TERM.

🔷️MIDCAPS & SMALLCAP TO RALLY BASED ON EARNINGS REPORTED.QUALITY STOCKS WHICH ARE CONSOLIDATING CURRENTLY CAN SEE GOOD RUN AFTER FY19Q4 NUMBERS.

🔷️WE ARE VERY MUCH POSITIVE ON OUR CONVICTION PICKS FOR NEXT 12 TO 30 MONTHS WHERE WE SEE SUSTAINED GROWTH IN EARNING WITH HI CHANCE OR RE RATING OF STOCKS.

🔷️AS ELECTION FEVER GETS OVER.OVER A PERIOD OF TIME,SAY IN 3 TO 6 MONTHS MARKETS WOULD AGAIN START CONCENTRATING ON EARNING & FUTURE GROWTH.

DISC – All views expressed are personal And only for Educational & study purpose only. Consult your financial advisor before taking any position based on above article.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s