Nifty Prediction as expected we have seen a sharp correction from 18500 levels however now there is significant value in some selected pockets and some individual stocks look great for buying from a 1-year perspective.
Let us take this point by point. At 18500 we were very vocal to get on to cash. I know some of the new readers will say I am saying this now however if you are new to this website you may click on the link below to read what I was saying at 18500
Nifty Prediction for 2022
So after almost a 2000 points correction what do we see for the coming year? First, keep this in mind there are some selected stocks now that look superb from 6 months to 1 years perspective. So rather than looking at a trader's perspective, we are recommending taking an investor's perspective and Buying and holding stocks with a 1 year Plus view.
So there are some superb names in capital goods some superb names in banking that will give us 50% plus returns over the next 1 year so it does not matter where these stocks go in the near term keep using a buy on dips strategy and buy and accumulate stocks which are having superb managements and good balance sheets and good visibility going forward and it is a given that over the next 1 year we should make over 50% returns.
Now, keep in mind I am not saying this for the broad markets but yes in selected names we will see great returns in the coming time.
Astrological Prediction for Nifty 2022
The year 2022 belongs to Venus. Venus rules everything pertaining to money and value so overall we see 2022 as a year of economic recovery. We also see a significant revival of the capex cycle. Also, we will see travel and tourism gaining and also Bollywood. From an astrological perspective, I do not see 2022 being a problem because of covid. Problems of covid will be much lesser. Also the overall market Nifty will see 20400 or even 23856 so this is one of the reasons we see great buying opportunities now.
So can we see some more panic in the near term? Frankly, most stocks are near major supports so downside I do not see from individual stocks perspective where we are initiating Buying however some volatility can be there but point is to look at the bigger picture for 1 year plus perspective and accumulate high-quality names and hold.
As usual, if you are only trading on the basis of this post please use your own risk management and then only trade. Please do not over-trade and always keep your risk in check.
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