Nifty to remain sideways to mildly Bullish from now on

12 ก.ย.

We need to curb our upside expectations from Nifty Index.
The only stocks that I foresee moving up from now on the upside are -
1. HDFC Bank
2. ITC
3. LT
4. Axis Bank
The other 6 names from the 10 heavyweights have moved significantly and will mostly continue to remain sideways.

Hence, overall I foresee Nifty to be sideways to mildly Bullish.
It is best to be extremely selective of trades and not to follow the Buy on Dip approach anymore.