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Nifty can go up to 40K-50K in 3-4 years post a correction to 18,500 now: Subodh Gupta
Subodh Gupta analyzes Nifty correction, highlighting 18,500, 18,750 levels as a retracement. He anticipates a bull run target of 40,000, 45,000 Nifty but acknowledges the need for market corrections and sectoral rotations. Gupta says: "Our base case scenario is 18,500, 18,700 levels. We see that particular level as an ideal level to buy into the market for the next round of bull run."