Indian markets are already knocking at all time high amidst grave global geopolitical concerns. We should be prepared to potentially go back to low inflation & interest rate regime.
Nifty up 1276 points in November. Q2 GDP growth amazingly at 7.6%.
So the million dollar question is ….
What lies ahead in December ?
Since last 2 months we are saying with confidence that this market has only one way to go ….UP
We are now entering the Election 2024 mode. Historically mas always run up to a major elections. So be prepared for a Bull ride next 6 months with occasional blip due to global problems.
Our economy is in a strong momentum as indicated real data like GST. Ongoing Marriage season will create multifold domestic demand. We have already factored in US recession, Hamas & Russian worries. FII’s have started buying ( 8148 cr on 30.11.23).
Nifty now has strong support at 19881. It convincingly crossed an all important resistance 20000. So it will easily target 20222 ATH & beyond.
Remember our Hidden Gem 💎
Indiabulls at 183
200 December call at 5 🚀
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