Aksha Khosla ,One of India’s finest derivative analyst and expert who has an extensive understanding of investment strategies and is known for his consistency in giving repetitive and regular profits to his clients since more than a decade. That’s the reason why his stockbroking companies are counted among the best in business today with a monthly trading turnover of 2000+ Crores.
In an exclusive telephonic interview with us, Aksha Khosla shared his insights about his view on the exist of selling pressures , market volatility and his advice.
1)Sensex and Nifty were moving between marginal gains and losses on Friday morning. Your Views ?
Ans :-Correct , We could witness the same due to the absence of global ques , The Japanese , European and the US markets were shut.
2)Are we in a neutral zone from the bearish trend and if bulls have to regain the strength, 17200 – 17300 needs to be surpassed with some authority.?
Ans:-Nifty touching 17200 is important how ever if it manages to cross 17380 which is more important then there will certainly be a breakout in the nifty.
3)Nifty to hit 20,800 in 2022, says ICICI Direct what are your views ?
Ans:-I would prefer not to comment on other brokerage views, However according to my estimates, Nifty and banknifty might cross 23000 and 50000 respectively by Oct 2022.
4)Selling pressures witnessed recently on Dalal Street is Omicron a major reason for it ?
Ans :-Stock Markets don’t like uncertainty, the spike in the cases and the news all over definitely increases the panic in the market how ever investors should take a sip of the dip as the market eventually well touch new heights after minute corrections.
5)Your Advice for traders and Investors ?
Ans :- My Advice to everyone is to use this correction as a buying opportunity and to buy in parts to get the best buying average.