Trader’s Guide: These 2 counters have 5% upside scope according to analysts

Synopsis

The levels of 17,850-17,900 will continue to act as resistance points. We have also entered the expiry of the current month’s derivative series. With the short trading week and expiry on cards, taking a bet from the wider universe of the broader markets may work out well as stock-specific outperformance from the broader markets cannot be ruled out.

Expert: Milan VaishnavThe Indian markets traded for an hour on Monday on account of the Mahurat trading. The session was very much on the expected lines. Given a strong closing of the global markets, a strong and positive opening was expected in the Indian markets. The markets did open on a higher note but came off a bit and ended with a net gain of 154.45 points (+0.88%). Such Mahurat sessions are typically symbolic ones. There is hardly any

BY

Milan Vaishnav & Foram Chheda

ET CONTRIBUTORS

5 mins read, Last Updated:

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