Motilal Oswal has explained its market strategy for 2016 and also identified nine top-quality stock picks which have the potential to give hefty returns
Motilal Oswal has explained its market strategy for 2016 and also identified nine top-quality stock picks which have the potential to give hefty returns
Nifty’s Outlook – Nifty remains consolidating within the Falling Wedge pattern with support at 7200 and breakout point being 8200. The range is expected to contract with time before a directional move. 7200 remains a make or break point and positions can be created once Index is around the same with a stop marginally below it. Upside remains open and can be traded with trailing stops later
Good picks. For 2016 I am bullish on Dish TV and Bosch.
More than picks this reports talks about how Nifty will fall to 7200. Is this an attempt to make retail panic and sell?