Nifty@18,200 in Nov and @20,000 when? CLSA’s Laurence Balanco explains
“To get up to that 21,000 area we will have to have more conducive conditions in global markets and that would have to sort of start with the US recapturing their 200-day moving average. That 21,000 target is based on the trading range that we have seen the Nifty trading YTD. That longer term target is aligned to a more stable global picture.”
