depend on various factors like economic data, global trends, elections, and corporate earnings. Here’s an overview based on current trends
April 2024 Prediction:**
- Volatility Expected due to Q4 earnings season, geopolitical tensions, and RBI policy.
- Nifty 50 may trade between 21,800 – 22,800 (support at 21,500, resistance at 23,000).
- Bank Nifty could range between 46,500 – 48,500 (if RBI holds rates).
- Mid & Small-caps may see selective buying after recent corrections.
June 2024 Prediction:**
- Election Results Impact (June 4) – If a stable government is formed, markets may rally (Nifty could test 23,500+). Uncertainty may cause corrections.
- Monsoon Progress – A good forecast could boost FMCG, auto, and agri stocks.
- Global Cues (US Fed Rates, Crude Oil Prices) – Rate cut expectations may drive inflows.
- Sectoral Plays – Banking, infra, and IT may perform well.
Key Factors to Watch:**
- Lok Sabha Elections 2024 (Results on June 4) – Biggest market mover.
- US Fed Interest Rate Decision (Affects FII flows).
- Corporate Earnings (Q4 results in April, Q1 updates in June).
- Geopolitical Risks (Middle East tensions, oil prices).
Investment Strategy:**
- April: Stay cautious, focus on large caps, defensive stocks (FMCG, Pharma).
- June: Watch election trends; if favorable, invest in PSUs, infra, and banking stocks.
(Disclaimer: Stock market predictions are speculative.Consult a financial advisor before investing.)