“The biggest resistance for the Nifty for last five weeks was around 25,200, we have been consolidating in this 700 points. We expect market to see a target of around 25,700 for Nifty in the coming few weeks. So, market likely to see 25,700 as a target. On the downside we will believe 24,400 to … Read more
Mahantesh Sabarad, Independent Market Expert, says the market expects a continuation of the government and better monsoon forecast. If these two things happen, there will be solid earnings growth. We might expect a little bit of moderation in valuation, but the market momentum will not get disturbed and will not see a great fall. We … Read more
“There are no two thoughts about it. Everybody is agreeing how equity investors are going to make it. So one has to believe in equities and it is a proven thing to make long-term wealth. There is nothing like equity. I think it is going to be a wonderful year from that perspective,” says Porinju … Read more