Hot Stocks | Indian Metals & Ferro Alloys, Sasken Tech, TD Power may deliver in double digits
Traders are advised to remain cautious till Nifty closes above 22,300 levels.
Source: moneycontrol.com
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Hot Stocks | Buy into Nestle India, GSPL, and sell Coromandel International
Immediate support for Nifty 50 is positioned at 22,000; and a decisive drop below this level could lead the index towards 21,700
Source: moneycontrol.com
Daily Voice: Any rally from 22,000 on Nifty to be driven by FMCG, a dark horse, and private sector banks, says Amit Jain of Ashika Global
Only global macro factors like higher US inflation numbers, a sudden increase in oil prices or a major correction in Nasdaq 100 can derail the rally in Indian markets, he says.
Source: moneycontrol.com
Hot Stocks | Bet on Aurobindo Pharma, Tata Comm, Just Dial for healthy returns
The daily bullish candle and the hourly chart's pattern of higher-highs, higher-lows affirms the robust outlook, with the next rally potentially targeting the 22,300-22,350 range
Source: moneycontrol.com
Hot stocks: Pick Mastek, JK Lakshmi Cement, Castrol India for up to 18% return in the short term
It would be advisable to take an approach of holding longs with trailing stop-loss instead of anticipating any upside target for the Nifty.
Source: moneycontrol.com