Banknifty as well as nifty might correct 20-25% in coming 15-18 months. Correction might start before general election results. This time market will not wait for the general election results. It will start viciously doing price correction between MAY24-SEP24 and will be a slow time correction in later time i.e. OCT24-OCT25 Better hedge you portfolio and sit with cash. This will be a last chance to get stocks in discount (specially banking stocks) before 2030.
Disclaimer - Its just my view as per my understanding. Do your own research before taking any trade decisions.
ملاحظة
This is the price correction I was talking about, It may continue with a retracement of 50% or 38% from the top. This is just A leg of the correction, retracement B up and C will follow down with more intensity..
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