1 - UBS said in case of BJP getting a majority, Nifty could move up by 5-10 percent, topping the recent peak of 11,800.
2 - “In the second scenario, if the BJP-led NDA wins 250+ seats, Nifty could move up by 5 percent to touch its recent peak.
3 - In the Third scenario, if BJP-led NDA wins less than 250 seats, there could be near term volatility,” it said.
4 - In case there is a non-NDA government, UBS models Nifty to correct 10-15 percent.
Nifty is trading at 20x 12m forward PE, and UBS thinks that looking beyond the immediate market moves next week, the risk-to-reward ratio is unfavourable for investors.
“The reality check of fiscal slippage and/or a negative growth surprise awaits markets post this binary event,” highlighted the report.
Foreign investors have poured in net $9.8 billion YTD, and investor discussions that UBS had in the past suggest markets are factoring in a BJP-led NDA win.
Disclaimer - The above information is from UBS report only it is not my personal view make your own research before taking any decision or ask to your financial advisor.
Hello Raj bhai I m holding Jindal Steel @ 165 and reliance @ 1365 of may future what will be the exit point of both pls suggest
ReplyDeleteReliance major support at 1240-1225-1190 if BJP becomes major win than it will hit 1400 again
DeleteJindal Steel exit on rise
thnks
ReplyDeletehttps://youtu.be/CNfYMKLawko
ReplyDeleteDon't make any heavy position on any side buy or sell just wait and watch.
DeleteAs we know nothing much about politics and I personally don't believe in this type of videos there will be numbers of videos in YouTube 50% people will say BJP and 50% people in videos will say congress but when result will come 50% will be right is definitely so if they are right than they will say I have said and it happens see and who are not right they will not speak anything so don't fall in this type of videos and wasting your valuable time.
Yes sir true.thanks for your view on election.simple explanation.
DeleteYou are welcome
DeleteThanks Rajubhai
ReplyDeleteI willl simply follow your calls
You are welcome
DeleteSir, yesterday I bought 50shares of Graphite at 422.60 lot size=50.As you told about it as BTST. But It ended at 421, still should i hold it sir, if not please mention exit price sir.
ReplyDeleteSir and one thing you calls are great but if you mention the time that when u will be giving call. It will be very helpful for small traders like me. Anyway thank u sir God Bless You Sir
Already giving SL in all calls you have to maintain that only.
DeleteIn graphite given 414 if you can maintain that SL than only buy and buy only as per your risk taking capacity or less than it