Nifty Breakdown below 23500

[cardio_guycardio_guy is verified member.]

23045 as of today. Let's see. It's going nowhere since last 1 month

 

[tachniki]

I think it is going to be same or lower for next one month at least. Buying at dips.

 

[Arnal07]

. . .

 

[hender]

Imp is stock we hold, how they behave in future.

 

[BVCBVC is verified member.]

. . .

Might be true for December, but current scenario might continue for 2 more months I guess. Many uncertainties. So discounts are extended, long term investors can long term holdings at festival discounts 😋

 

[SSV]

Might be true for December, but current scenario might continue for 2 more months I guess. Many uncertainties. So discounts are extended, long term investors can long term holdings at festival discounts 😋

You mean BBD / GIF Sale happening now and will continue for the next 2 months in the share market ?? 😉

 

[Dragon_slayer]

. . .

When you see these media reports, then just expect the opposite

 

[hender]

My view is-
Max stocks are in oversold zone in hourly daily weekly monthly timeframe.
A sharp reversal for a day or 2 is expected before further crack.
Like today many of stocks bounced back 6 to 15% within no time

 

[sunit123]

Do not panic...Have investment horizon till 2047...India will be VIKSIT by 2047

 

[hender]

Do not panic...Have investment horizon till 2047...India will be VIKSIT by 2047

Disc:Investment is boring

 

[cardio_guycardio_guy is verified member.]

Let's see. People with longer timeframe can always buy at this time.
If nifty reaches 26000 in December then it's close to 10-12% gains.

 

[BVCBVC is verified member.]

You mean BBD / GIF Sale happening now and will continue for the next 2 months in the share market ?? 😉

What ever you saved in last year BBD or GIF now invest in Share market discounted rates and your money will be ready by next GIF/ BBD 😋

 

[BVCBVC is verified member.]

Let's see. People with longer timeframe can always buy at this time.
If nifty reaches 26000 in December then it's close to 10-12% gains.

Nifty 12% gains means your portfolio approx 15-20% gains. As your portfolio Beta will be around 1.3-1.4.

 

[hender]

Underlying stocks and % allocation play a important role. In MF case that's correct, but direct equity have different beta altogether.
Both Secondary, different account with different allocation, have different outcome.

 

[Dragon_slayer]

Do not panic...Have investment horizon till 2047...India will be VIKSIT by 2047

If not, then we will simply extend the target to 2099. Cuz accountability isn't our thing.

 

[Arnal07]

Imp is stock we hold, how they behave in future.

These are the sectors and stocks that are the top picks for JP MORGAN.
👉🏼I think ICICI Bank could be great choice for Buy on Dips and should reach 1650 in 1.5/2 years.

 

[hender]

These are the sectors and stocks that are the top picks for JP MORGAN.
👉🏼I think ICICI Bank could be great choice for Buy on Dips and should reach 1650 in 1.5/2 years.

Big Fund Houses - Nifty 50, next 50

 

[Rishabh]

Nifty will most probably reach around or below 22k levels once before the next bull run to start. May be an year from now until then no trend reversal from Bear to Bullish market.

 

[Rishabh]

These are the sectors and stocks that are the top picks for JP MORGAN.
👉🏼I think ICICI Bank could be great choice for Buy on Dips and should reach 1650 in 1.5/2 years.

I don't believe this Fund houses anymore. There job is easy to suggest top picks today, in few months down the line same fund house will suggest bearish downtrend for stocks from this recommended list 😛 😛

Esp. the TV channels & so called market analysts for whom market can be termed as 'Bottomed Out' whenever any short bounces happen lol.

 

[hender]

Nifty will most probably reach around or below 22k levels once before the next bull run to start. May be an year from now until then no trend reversal from Bear to Bullish market.

22700 hovering now a days, to be at 22k 3% down , just RIL HDFC and Infy can do the job anyday.