A 200-300 point correction for the Nifty will be healthy at this stage as it will ensure the bulls come back stronger
Mazhar Mohammad of Chartview India believes protecting capital should be key focus of investors rather than participating in the last 5% of the rally
"Markets are being driven by the rally in large-caps which are playing catch up also the positive commentary by India Inc on Q1"
"The Nifty unless it crosses over 17,500 may remain in a range or even correct 200-300 points from current levels."
Experts believe as long as the index keeps trading above 17330, the uptrend texture is likely to continue
Auto sector is expected to see momentum ahead of the festive season and Maruti Suzuki may come out of its underperformance.
"Expect the Nifty to clock 17,500 before March 2022 if the earnings are supportive and third wave is not severe"
Markets will continue to remain volatile in the coming week, therefore investors need to have a stock selective approach, says Avinash Gorakshakar
Investors must stick with quality stocks, ensure their positions are well hedged
Moving past 16,700 and staying there is critical. Even though I don't see any sharp corrections but range-bound trade is expected on the Nifty