today again because of hugh influx of money in the banki8ng system because of demonetisation the G-SEC 10 year yield rates are going down and down...today it again made a new low of 6.187%....my target of G-SEC going down below 5.50% in the near future say 1 to 1 and half years looks possible...
NIFTY TILL APRIL 2018 WILL TRADE BETWEEN 7400 AND 9000...BUT IN A WORSE CASE SCENARIO IT CAN AGAIN GO TO 6800 LEVELS..BUT RIGHT NOW IT LOOKS DIFFICULT...NOTE THE GDP GROWTH OF INDIA WILL GO DOWN AND SO WILL THE EARNINGS OF THE COMPANIES TILL MAY 2018...THEREFORE NIFTY EPS EARNINGS WILL BE DOWNGRADED AND SO THE PE WILL START CONTRACTING...
NIFTY TILL APRIL 2018 WILL TRADE BETWEEN 7400 AND 9000...BUT IN A WORSE CASE SCENARIO IT CAN AGAIN GO TO 6800 LEVELS..BUT RIGHT NOW IT LOOKS DIFFICULT...NOTE THE GDP GROWTH OF INDIA WILL GO DOWN AND SO WILL THE EARNINGS OF THE COMPANIES TILL MAY 2018...THEREFORE NIFTY EPS EARNINGS WILL BE DOWNGRADED AND SO THE PE WILL START CONTRACTING...
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