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:
| Period | Prediction | Total Return | |||
| 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%) | |||
| 2017 | mid-April | ||||
| 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% | |||
| week | |||||
| August 2016 | High volatility; bearish 3 weeks and bullish after | 1.0% | |||
| August 22 | |||||
| July 2016 | High volatility; bullish first half and negative | 1.9% | |||
| second half | |||||
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.
