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India Stock Market Investment Sensex Nifty Technical Analysis 2018 - 2019

Hyd - India Stock Market Investment Sensex Nifty Technical Analysis 2018 - 2019



Currently Indian market sensex nifty which are having top 30 and 50 top stocks will indicate the market behavior. Sensex and nifty are trading currently at positive bias.

Nifty last month touched low of 10000 and bounced back 900 points and currently trending at 10876 after today November closing.

This 10000 nifty may be major support for now even till elections 2019 which will be held in april or may. It may reach 11000 level currently and may come back to 10,300 level range soon.

Many good large caps and mid caps have came at good valuations and upto 70% discount from all time highs which can be said as good time for even part of your investment total.

According to News009, It may trend sideways from now till elections between 10,000 - 11,000 and If BJP wins it will reach all time highs of 12500 level and if congress with third party forms government it may break to 10,000 - 9500 level after elections.

Suggestion - Always till correction and meeting new lows, It is better to invest your total amount in parts every month and should follow strict target and stoploss figures on every stock big or small. As India is emerging market stocks will be good and better investment origin upto next 10-15 years.

Note - It is just news009 analysis or views, It is may not be true or happen.

Good Stocks For Long Term of more than 1 year - Maruti Suzuki, Hdfc Bank, ITC, HUL, Ashok Leyland, IOC, Icici bank, SBI, Infosys, TCS, TVS motor, Bajaj Auto, Bajaj Finance.

Image Source - Investing.com











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