Nifty's top in the current cycle?

Nifty & Bank Nifty discussions
1

There is extraordinary hype now about how markets are gonna do on election date and when the expectations are that high, it usually may lead to disappointment (from my past expectations :stuck_out_tongue: )

Considering all the scenarios like elections, valuations, the last 4-year bull run, recent mega rally in small and midcaps etc, Where do you think Nifty will make a durable top that may not be breached for at least 2-3 years and what will be the trigger for it? Valuations or something else?

Nifty’s Top in the current cycle

  • 23456 or Below
  • 24567
  • 25555
  • 26666 or more
0 voters

Specify your levels

1 Like
2

Almost around 20k or may be below. Not having bull expectations this time around.

3

For 2 to 3 years. Ah. I don’t think that’s happening. We will make a new high before that. Even in 2021 when we were extremely over valued, we didn’t take more than a year to breach that high again.

4

May be 21k tomorrow … hmm

5

Being optimistic with puts? But I hope we actually get that tomorrow. :ok_hand:

6

Now everybody telling 17k to 19k market - all are changed in one day - what a bloddy advisors in TV

7

I hope too, I could park some into equity. I never did trading sir, I’m waiting for a correction for a long time to park into equity as investment .

8

I won’t rule out 21k or even 20k. But tomorrow? That may not happen. If it happens, then great. :ok_hand::ok_hand::ok_hand:

9

We got 21200 today. Why didn’t you add a little here?

10

With so many negative events that are paused for last 18 months would be coming to fore now .

  1. Increase in tolls and many other taxes
  2. Increase in train fares and all kinds of fares
  3. Increase in petrol and allied price
  4. Threat of US going into recession
  5. Increase in interest rates across world
  6. Possible deadlocks in parliament for any significant bill

I think 23500 would be a top for atleast next 12-18 months

1 Like
11

Sir, cut off time was 1pm for an index fund I invested in. So if I would’ve bought after it, I would get today’s NAV instead of yesterdays.

What do you think would happen this week / month? Do we see a 21k mark again? This morning nifty went up 22k again.

12

I wish I knew. I don’t try to time the market. I added yesterday and if we get 21k I will add more. And if we get 23000 tomorrow I may even sell.