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Showing posts from 2020

The Market Journey from 2008 to 2020

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Exactly on this date, 12 years before (27th Oct 2008)  NIFTY made the bottom low of  2253   (The biggest downtrend of 66% from the top out high of 6357    on 08 .01. 08 )   From the bottom, so far, made the highest high  12431  on 20. 01. 20  Since 2008 bottom,   as of now appreciated 422%  &  peak return 452%      NIFTY 2008-2020 whereas in the same period the best return is given by BAJAJFINANCE  Peak Return  73500% and as of now return 46065%                               BAJFINANCE 2008-2020 and during this period another 121 stocks gave a return of 12 X to 196 X as on this date.                   

RELIANCE - after 108%, time has come to phase out

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RELIANCE (1717)  -   From the March Bottom, as of this week, It gave a return of 108% within 3 months. This week high 1804.20, now the time has come to cool-off time being TOP OUT 1780--1810   expect to correct up to 1630--1600  and    1430--1400  *** In case, cross and close above 1780--1810 then  the ULTIMATE UPSIDE TARGET 2320--2360