Research Mantra Financial Services predicts Indian stock markets. Started in July 2016, it has predicted markets that earned approx. 20% return on Nifty50. Our latest prediction (published on 29th May) is that Indian Stock markets may witness volatility and the undertone of market may be bearish until mid-July.
Following are the past predictions:
|April 4th week – end of May||Markets may be bullish from last week of April||5.22%|
|2017||until May end|
|Mid-March-3rd week of April||Markets may be bearish between mid-March and||(2.2%)|
|Mid December to March||Markets may be bullish despite demonitization||9.5%|
|2017||and budget dates revision|
|First half of December 2016||Markets may be bearish in first half||0.9%|
|November 2016||Suggest no trading due to mixed result of market||–|
|October 2016||Bullish for the month and some correction||2.1%|
|towards end of the month|
|September 2016||Markets may give away gains made in August last||2.0%|
|August 2016||High volatility; bearish 3 weeks and bullish after||1.0%|
|July 2016||High volatility; bullish first half and negative||1.9%|
Shefali Sahita, CFA is person behind the Research Mantra Financial Services . Shefali is a CFA and has completed MS (Finance) and graduation in commerce. She has been an entrepreneur for last 5 years. In the past, she has worked with EY and Dun & Bradstreet in financial consulting domain.