Nifty 50 -Feb 2025 ViewI had posted my last analysis of Nifty at end of Dec 2024 and here we are in Feb 2025 with Nifty being almost at the same price.
So, basically everyone should be happy, right? :P
Why are most of our portfolios in deep red? Let;'s understand the scenario.
Nifty has been highly volatile since the past few months with FII selling continuously and DIIs buying it.
It has been a tug of war between bulls & bears near 23000 which was broken few days back but 22800 managed to act as a support. Level to watch remain same as last idea
View is bearish to sideways with sell on rise.
Expecting a highly volatile 2025 with stock specific movements especially in large cap sector.
Overvalued mid & Smallcap stocks might continue to see correction in upcoming months.
I feel a bullish view can be made only when Nifty sustains above 24800. An accumulation in this zone between 23000 and 24800 will be good for Nifty in upcoming years.
The recent budget will be very beneficial for consumption & hospitality sector. Keep this sector in watchlist.
