Pick these 3 stocks for double-digit returns in coming 2-3 weeks
In the upcoming week, immediate resistance for Nifty 50 is anticipated at 22,180. Breaching this level might induce short covering in index futures.
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In the upcoming week, immediate resistance for Nifty 50 is anticipated at 22,180. Breaching this level might induce short covering in index futures.
Companies within FMCG sector offering attractive valuations may warrant consideration over making sector-wide decisions, says Raghvendra Nath.
Overall, Q4FY24 earnings season is expected to be reasonably aided by healthy macroeconomic trends.
Nifty is in continuation of an uptrend and next resistance for the index is seen in the zone of 22,800-23,000, where Calls have been written.
The market turned volatile at 22,500 as it priced in the non-event. If it closes above 22,600, then march towards 22,700-22,800 is on the cards