Nifty in 2012 that is in next year may sink to 3800-4000 according to the technical analysis and Charts giving signals, it is recommended to buy Nifty more and more in 2012.
Indian market has been hammered into pulp this year and there is a growing fear that this is going to last longer than expected. Experts are also worried that the Indian situation could be worse if global economy loses hope of a recovery.
This has left experts ringing more warning bells. In 2012 Nifty may even sink to 3800-4000 level with a little hope of rising to 5500-6000 by 2012 end.
However, there is a silver lining too to these dark clouds. Shah (stock analyst expert) feels that though it may be a turbulent volatile time but there is going to be a great buying investment opportunity in 2012 to capitalise on.
It is expected more rate cut by the Reserve Bank of India in 2012 and the gross domestic product (GDP) is likely to grow around 6.8% in the first half of FY13.
Best bets of 2012
As an investment strategy, Shah advises to focus on midcap banks like J&K Bankand Karur Vysya Bank . Pointing out that worst is probably over for Infosys , he adds that it is better to avoid midcap IT stocks.
Furthermore, Shah prefers buying Bharti , Titan and HUL on dips. He recommends selling BHEL and L&T while it is a clear 'avoid' from capital goods.
Want More Tips for 2012 ?????? just Fill the Free Trial Form.... or you can Click here
No comments:
Post a Comment