Nifty Prediction 2020

Nifty Prediction 2020

We have been getting many requests to post our view for the next year so here it is. Overall on the economic front we have been bearish on the economy and we have been seeing a steady fall in GDP numbers from 8% to now the last print of 4.5%. In the next year which is 2020 we do not see GDP growing so we see a lower GDP in 2020 that could be lower than 5% or we could see even a sub 4% GDP growth for some time so over the next year in 2020 we do not see GDP or the macroeconomic  news  being a support for the markets and all the parameters in the broad market are showing negative signs and will continue to do so as far as my cycles studies are suggesting. We do not see any broad economic recovery in the market so although stocks and Nifty can go anywhere in the near term from a year 2020 prediction we don’t see economy growing. The question is how much will it contract going forward. We will not be surprised to see prints like 4.1% and then 3.6% in the next few quarters. We will keep updating regularly on this front more actively from Jan 2020.

From an astro cycle perspective anytime after 26th Jan 2020 we will enter an even bigger phase of contraction on the economic front so we will not be surprised to see many more negative news flow coming in the next few months we could see many business wind up shop due to the extremity of the slow down. IN between of all this negative news we expect that Govt will announce some more stimulus for the economy from a market perspective we could see some pullback in mid of the year but we don’t see even that stimulus will work (will work in near term but will fail in longer term) so bottom line is we are not bullish on the stock markets from a broad perspective. There will be select counters that could outperform but broadly portfolios will not make money.

Bottom line Nifty prediction for 2020 economy will not do well and Nifty near term trend is up so till we don’t see a reversal there is no point short selling.

Good trading to you!