Decadal Theory backs this bias
🔸Since 1979, every decade has delivered 4x returns! CY25 marks the “5th year,” historically volatile but lucrative, with median returns in the high teens.
🔸This aligns with our 28800 target.
🔸Projection for the current decade (CY21-30) on the basis of CY20 close (Nifty – 13982) works out to around 55,000
Historically, buying near 52 weeks EMA offers favourable risk reward with a median return of 23% in next 12 months with median drawdown below 52 weeks EMA of 6%
We believe the current correction offers fresh entry opportunity as risk reward ratio is favourable at 52 weeks EMA after 12% correction, auguring well for move towards 28800 by CY25
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