After lockdown, the sales in the auto sector might increase. And for that NIFTY needs to move ahead.
The simple moving average in 30 days is around 5307.
The chart explains the expected simple moving average in the next 50 days.
Let's see what happens in the future.
The NIFTY AUTO Index comprises of 15 stocks that are listed in NSE.
Give your reviews.
NIFTY NEXT 50 has generated better returns than NIFTY in the last 5 to 10 years.
Its BUY BUY BUY!
Let's kick it.
Investors should not assume that it will get repeated in the future.
Because NIFTY generated CAGR of 10 % between 1 March 1999 to 1 March 2009.
The next 50's CAGR was only 8%.
So, do not miss the chance.