I had said FY27. Very much possible. We still have 11 months.
But since fundamentals are affected, it isnβt as easy as it was supposed to be. It was my base case target. Now it has become bull case target with base case down to 28k
If crude comes down to 80 levels by the end of May, I am still optimistic of reaching nifty target.
Atleast today there was some trend, but might bounce at any point. Intraday no one takes falls seriously. Afternoon bouncs very common after morning fall.
yeh lo, bounce soon then as per Jason.
Man can you not wait till next day ? I have shorts !
The values I give are based on my analysis.
Itβs based on law of averages, forward pe and eps of nifty companies, historical valuation etc. 30k looks like a random number thrown. It isnβt. As per my calculation using different parameters I feel the fair value of nifty should be 30170 in march 2027. So I made it as a round figure of 30k.
Now with changing fundamentals which changes my eps of nifty, new value comes around 28320.
When I feel nifty is at fair value, I have 50 percent in equity. Every 1 percent above that I sell one percent equity. And every one percent below i add 1 percent.