Laurance Balanco, Global technical analyst at CLSA says Nifty on way to hit 12000 in the first half of 2018 itself even after the recent February 2018 crash. How sincere these view points are? I mean to ask how credible these guys are and how much weightage should a retail investor give to these advices?
As believable as this
And they are as believable as this
Well to be fair Sensex quadrupled in the last 9 years. So tripling from here in next 10 years is probably not as crazy as it sounds but I agree it’s over optimistic.