While Indian markets are de linked & decoupled from US markets in 2022
In 2023 the stage will be different & amazing
(No?
US markets are 5% away from 52 week low, Indian markets are 5% away from 52 weeks high) says a lot
After FED rate hikes & regular Hawkish commentary by them, US markets have failed to show promise to investors
From every rise being sold, from every fly landing Crash, from every buy being Trap
US have eaten up Trillion of dollars in loss by investors!
& will continue to do so
On the contrary
Last year
Here & even in telegram channel
It was predicted 15800 when nifty was at 18500
It happened
At 15500 it was predicted 20000 and nifty went on to break All time high & touched 18800++
We did it & caught nifty all moves at right time
This year prediction for nifty
The lows of Nifty this year will be around 17000 levels
& Highs of nifty will be around 21000
Every month we will update the monthly levels accordingly & try to help with the directions for betterment of investors!!
For now
In the first quarter nifty will again break all time high & cruise towards 19500-20000 levels very soon
18450-18620 zone is Resistance & it will be taken off in style this month!!
17800-990 remains monthly support for the same!!
Like last year if was PSU, banks & financial sectors
Now, Metals will outperform & IT will rebound
This quarter focus on the sectors like:
Metals
IT
Fertilizers & agri products
& PSEs
Avoid Banks time being apart from PSU as they will give low returns even if market rallies!!
Global markets will face recession this year
It will not be a long one but few months of recession will be enough for west & European belts to move 5 years Back!!
The same recession will have a mild or little effect in Asian markets & Asian markets will outperform
With a diminished demand of metals across & Chinese economy slipping down
India will bank in the opportunity again
Indian economy will outperform China & will be brightest star in the darkest night in world economy!!
No they are not blind too
FII (Foreign institutional investors) will start buying in India starting from 1st quarter agressively again!!
India will be fastest growing economy on top list of every investor
While large cap will grow at faster pace
Mid cap will steal the show!
Every lost business in China will be an increase of exports in India
Sugar, cements, fertilizers & others among the favourites will bring in cash reserves
RBI will be cautious amid this increased demand & excellent outlook & will not cause any hindrance in rally!!
Gold and silver
This prediction was done when silver was 54000 & Gold was 49000 (2 months back on telegram group)
Repeating
Gold & silver will hit all time highs in 2023
Gold will go on to hit 60000
Extend gains upto 65000
Silver will hit 80000 and extend gains to 100000!!
From the mid of 2nd quarter however
When market will near its peak & most traders will start doing FOMO (fear of missing out) trades
Market will become stringent
Stay range bound
Lazy & show no signals
Here it will stay for sometime and start to reverse!!
Market may start steep corrections cost this quarter & will see good profit booking across all the sectors before taking a leap
Market will touch 2023 lows in June-july after the rally
And will start to stabilize
After that it will again move slowly up!
By December 2023 nifty will be around 19500-20000 levels again after seeing both Highs and lows of the year!!!
Take away here is
Start buying Agressively now
Do profit booking in May
And start buying again after July!!
Plan it accordingly using sector segregation!!
Just remember one thing
Don't go by experts and use little smartness this year to bank in the most.
At 84 I gave tata steel
When most said 70
You missed bus and now 110
At 285, 280, 270 Chambal in last 2 months
Missed bus
In 10 days 313
Similar ways plan strong stocks & trade
Try to identify the stocks which are strong but corrected well
Avoid news & experts comments when you are solid on your conviction
Make sure when they spread Panic, that's time to buy and when they say you are missing it out
Go all in
Go high
That's time to book!!
Dollar will start to weaken
Indian rupee will start a sharp upward journey
With peak around 83-84
This year Indian rupee will become strong & will go on to touch 77-74-73 levels this year in 2023!!
Dollar index will support your Portfolio and will cool down very soon!
With new world order being formed
Indian economy will be the backbone of bigger economies & will show the way
Without India no big country can move ahead and India will be most important aspect in all corners!!
So investment is bound to happen
Flows are bound to come!
With this note
I wish all the traders, investors & retailers
A very lovely & beautiful 2023
May all your dreams, aims and aspirations come true and you start the successful journey to shoot up your portfolio to new highs!!
Wish you all a best of luck and happy trading
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