Last week the market closed at a negative level. Nifty fell 0.9% to close at 25,492. Meanwhile, midcaps fell 0.6% and smallcaps fell 1.5%. The US market saw a good recovery from Friday’s lows. Except for the tech-based Nasdaq, all major indices closed with gains. Last week, factors such as the US-China trade agreement, the direction of interest rates and the unfair valuation of AI stocks influenced the market. These factors will remain important for the market.
Technically, bearishness dominates below 25,500, and immediate support exists in the range of 25,300-25,250. 25,650-25,700 will be the resistance level. On Friday, foreign institutional investors (FIIs) made significant purchases of ₹4,581 crore in the cash market, and domestic institutional investors (DIIs) made significant purchases of ₹6,675 crore. However, barring Airtel’s block deal, this figure is not significant on a net basis. The good news is that Goldman Sachs has raised its rating for India from neutral to “overweight” and has set the Nifty target at 29,000 for the next year. Keeping these factors in mind, find out which stocks were selected under the Traders Diary program today.
pooja tripathi tripathi share
cash
Buy Eris Infra, target 167, stoploss 162
future
Buy Nykaa, Target 249, Stoploss 242
option
Bajaj Auto Buy 8700, Call 239, Target 243, Stoploss 236
techno
Buy Jupiter Life, Target 1583, Stoploss 1536
funda
Buy Nalco, Target 260, Duration 6 Months
investment
Buy Lupine, Target 2200, Period 12 Months
news
Buy Container Corp, target 531, stoploss 515
my choice
Buy Swiggy, Target 410, Stoploss 398
Buy Vedanta, target 525, stoploss 509
Buy Kalyan Jewellers, target 523 stoploss 507
best picture
Buy Container Corp, target 531, stoploss 515
shares of ansh bhilwad
cash
Buy HBL Engineering, target 1000, 970
future
Buy TVS Motors (Future), Target 3540, Stoploss 3440
option
Buy Torrent Pharma 3600 CE (Nov), Target 75, Stoploss 52
techno
Buy UPL (Future), Target 795, Stoploss 729
funda
Buy Pricol, Target 650, Duration 6 Months
investment
Hindalco target 900, period 6 months
news
Anant Raj Buy Cash, Target 634, Stoploss 612
my choice
Buy Ethos, Target 2908, Stoploss 2824
Newland Labs Target 18190 Stoploss 17650
AIA Engineering Ltd Buy Target 3320 Stoploss 3228
my best choice
HBL Engineering