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News Topical, Digital Desk : The market closed with a slight decline in Thursday's session. However, the decline in small and medium stocks has been sharp. Meanwhile, opportunities are also visible in the market. Market experts have found 3 such stocks where the signals on the chart are looking better. Targets and stop losses of these stocks have been given. You can also take advantage of these advices.
What is the market forecast?
According to Arun Kumar Mantri of Mantri Finmart, a lot of pressure has been seen in the market today. Today the ratio of rising and falling stocks was also weak where only one stock has seen a rise against 5. He expressed apprehension that weakness can be seen in the market in Friday's session as well. According to him, there is a support for Nifty near 24700. On the upside, there is a resistance of 24900-24950. Along with this, he said that weakness is also possible in Bank Nifty on Friday.
Which stocks to bet on? According to Arun Kumar Mantri, a lot of pressure is being seen in midcap at the moment, in such a situation, bets can be placed on large cap. He has advised to buy in Bharti Airtel. He has advised to keep a stop loss of 1848 and has given a target of 1942. The stock is at 1877. At the same time, he has also expressed confidence in Dr. Reddy's Lab. He has advised to buy near 1330 and a stop loss of 1302 is advised for the deal. The target has been set at 1383. On the other hand, Shrikant Chauhan of Kotak Securities has expressed his confidence in Eternal. He said that long trade can be taken in the stock. Very good formations are being seen in the stock. Whenever the stock has fallen, large volumes have not been seen. However, good volumes have been seen on the rally. The stock can once again show the level of 275 to 280. If you have a short-term view, then you can deal by keeping a stop loss of 245. The stock has closed at the level of 249 today.
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