New Delhi, Dec. 1 -- Stocks to buy for the short term: The Indian stock market has seen decent momentum since September on stable Q2 earnings, some valuation comfort in large-caps, and healthy domestic macro. On a monthly scale, the Nifty 50 has been in the green since September, cumulatively rising over 7%.
On a weekly scale, the index rose by about half a per cent last week and stayed above 26,200. However, experts see 26,300 as a key resistance for the index.
According to Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, the cup-and-handle breakout discussed earlier continues to support a strong medium-term bullish outlook, with the potential for significant upside unfolding through t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.