Fundamental View On Nifty :
Varun Aggarwal
Managing Director, Profit Idea, Quant Scientist Fintech, Fintacy | Angel Investor at Padhega India
What Next : Probably some more upside left for smart sellers or Monkey Selling, Rest History suggest completely different view. Nifty is overbought & one must be cautious while picking stocks & buying Index at these levels. Use this opportunity to exit crap out of your portfolio.
Attached charts highlights clearly that overall negative returns are highly possible for next 2-3 years. So be CAUTIOUS. HIGH ALERT!!!
Note : History Tends to Repeat itself :)
Kindly note as per TA Nifty is forming Inverted H&S on weekly chart, so some more upside(long term 10,600-11,000 possible) but again be quite smart while trading & taking trades. Europhia will burst sooner or later - every rise will make it prone to higher risk. Overall volatility will increase & returns would be negative unless one picks quality stocks with due diligence.
Consultant (Freelancer) at Marry Investing
7 年Sir, Your research is proving that every market moves is replica of real valuation. You included all the necessary information for us to make a decision and presented the information in a one shot that was easy to read. Your work made it really easy to make a decision. G8! Keep guiding us so we can learn the real wealth creation.
Stock Trader | Ex - Oxane Partners | Corporate Debt | Ex - Evalueserve | Investment Research | NCMP LEVEL 5|
7 年Thank You Varun Sir for enlightening us with this deep information including TECHNICAL and FUNDAMENTAL analysis in a simple manner by using different indicators such as PE, PB & Dividend Yield with the help of charts.
CFA Level II Candidate
8 年Very educative analysis sir. Thanks for sharing this and letting us know something new. Blessed to have you??