When the objective is to double returns over a 12 to 24 month period , for the NOT RISK AVERSE & PATIENT INVESTOR , its better to look at the long term Chart , and IGNORE THE NEWS.
Assumption being, the price discounts the future much in advance and with a multiplier which is dependent on the mood of the market .
To demonstrate the point . A few Examples Below . Click on the Chart Images . They text is self Explanatory.
So a Potential Moderately High Risk Portfolio of NIFTY 100 STOCKS WHICH COULD DOUBLE within the next 12 to 24 months would comprise of stocks where the Monthly RSI’s are showing the bottoming behaviour.For each Animal ( stock ) , this number is different .
DISCLAIMER: For purely educational purposes, its not investment advise , I may or may not have positions. Always your financial advisor.