For the last so many days the standard question is – Market Kya Lagta hai ?
Its always a tough question to answer after a 10% up or down move as markets never continue on one side forever.
We have been doing this exercise for the last 4 years and has helped us get some interesting insights during market turnaround points.
A lot of weightages have kept on changing in such a way that Nifty is a totally different animal from 2007/2010. Rcom was at a time 5-7% wieght is no more part of it. Reliance Inds was 11-13% is now just 5%. Check this older report by Crisil - Note on – A tale of two Niftys
Anyways to cut it short below is the Nifty Calculator. Download it , play around with the numbers to get a particular zone for Nifty. Would be good if you do it and also send your approximate numbers on nooreshtech@analyseindia.com
Nifty Calculator - May 2015
Look at the previous posts on Nifty Calculator and how it helped us.
-> The first time i put this up was in December 2011 ( It bottomed in next few weeks). It helped us be bullish instead of the market sentiments and were buyers from 4800-4550. Check the post – What is Nifty and What is your Target for Nifty
-> We did this exercise again when we came out with a very bullish view in August 2012 in a report titled –Analyse India – Forget the Past.
This time it helped us to come out with an optimistic targets.
Check the Post – Nifty 50 Index – Weightages and Free Float Market-Cap
-> The time it was discussed in August/September 2013. Although my pessimistic guess worked precisely but we could not pick that bottom though.
Check the post – Where is Nifty going ? Do it yourself – Market kya Lagta hai also another post on how it was necessary to invest slowly with long term view in the drop to 5100
We are organizing following things which can interest you.
The Investing Lab – Delhi- May 30-31
