Nifty could touch 12K in a year: Top 10 technical picks that you can bet on

The market is likely to stay in a range of about 1000 points, i.e. 10,000 will act as crucial support till next Diwali and on the upside, we could well surpass 11,760 and hit a fresh record high, experts say.

The next 12 months are unlikely to bring cheer to investors, market will in fact be volatile as we approach the general elections in 2019, suggest experts.

The market is likely to stay in a range of about 1,000 points, i.e. 10,000 will act as crucial support till next Diwali and on the upside, we could well surpass 11,760 and hit a fresh record high, they said.

There are multiple headwinds in terms of local as well as global factors. Investors will be better off investing in companies which are looking attractive based on technical parameters. Hence, any movement caused by the elections or macro factors is unlikely to cause any major disruption.

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