Will Nifty 50 Bounce back?


what are your views on NIFTY50 ?

It will go ahead and reach 25K till december or it will bounce back or any correction you see ahead ?

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Deal Brigadier Deal Brigadier
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i doubt for 25 k in july 

i have taken stbt sold bnf fut for tommorow 

Wingman Wingman
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Bounce back ? It is already at an all time high right?

Yes. It will reach 25k and 40k in next 5 years

Commentator Commentator
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this year and last year around Jan end - Mar (last quarter of the year) we had a correction especially in small and midcaps and rally was from Sep-Oct till Jan so if we survive July and Aug, my guess Nifty 50 will go past 27500-28000 by Jan 2025 (after correction earlier this year Nifty 50 target was predicted around 25200-25500 by Jan 2025 but we are already 24150 today)

July 2023 start Nifty was around 19246 and now almost 5k up by 1year (24140)

Commentator Commentator
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btw this assumption is without any catastrophic calamity like wars or covid outbreak and for Indian markets main factor would be a stable government 😃

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