The Nifty posted sturdy gains after three weeks of consolidation and this rally augurs nicely for the Juneseries, said Kunal Bothra, senior technical analyst with LKP Securities. With global markets shifting up and Nifty returned above 200-day transferring average, the begin of subsequent collection may be roundeight,one hundred or 8,two hundred, with a view to trigger any other spherical of positivity for markets, he brought. (Watch video)
stock speak
buy ICICI financial institution: The stock can give a breakout. at the upside, it may test tiers of Rs 250, which is likewise its two hundred day transferring average.
purchase Tech Mahindra: In subsequent couple of weeks, the inventory can cross as much as Rs 560-580. The inventory gave a breakout after a long period of consolidation, which indicates that there may bea multi-month rally in Tech Mahindra.
avoid Bajaj Finance: buyers have to anticipate a correction of eight-10 in line with cent before shopping for this stock.
purchase Indiabulls actual property: The stock is difficult its preceding highs and from here on theinventory can stage a much larger rally.
Dish television: The stock is going via a phase of consolidation and buyers ought to take a look atbuying this inventory beneath Rs 80.
purchase Petronet LNG: Chart sample from medium time period perspective are searching top.investors should purchase Petronet LNG on dips.