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News Topical, Digital Desk : On Tuesday, the stock market has seen strength and the Nifty 50 index has closed above its important levels. Currently, there is buying in the market due to many positive signals. Buying has been seen in the market due to the expectations of resumption of negotiations on the tariff agreement with the US and increase in demand due to the steps taken by the government. Experts believe that the market may remain positive in the future as well.
What is the advice on the index?
According to market expert and trader Amit Seth, the market has seen a very strong closing today. The levels which proved to be strong resistance for the market in the last few sessions. The market has now crossed them strongly. At present 25100 is a strong support for the market. Stay in the market as long as this level remains. On the other hand, regarding Bank Nifty, he has advised that if Bank Nifty maintains strength tomorrow and rises above the current levels, then Bank Nifty can open at levels ranging from 55600 to 56000. According to him, the outlook in both the indices is bullish and one can buy on a slight decline. In which stocks to buy: Amit Seth has advised to deal in Bharat Electronics on Wednesday. According to him, correction has been seen in the stock for a long time. However, buying has been seen from the lower level. There is an indication on the chart that the correction phase is over. According to him, the stock can be bought here, the stop loss will be 396. A target of Rs 412 can be kept in the stock. The stock closed near the level of 403 today. After the market closed on Tuesday, Bharat Electronics also informed about getting new orders. According to the company, since September 1, it has received orders worth more than Rs 700 crore.
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