Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — April 15
From Mint: 2024-04-14 11:42:25
Summary 1:
The Indian stock market experienced a sharp decline on Friday, with the Nifty 50 index dropping by 234 points, the BSE Sensex by 793 points, and Bank Nifty by 422 points. Small-cap and mid-cap indices also saw decreases.
Summary 2:
Stock market strategist Sumeet Bagadia from Choice Broking identified crucial support and resistance levels for the Nifty 50 index, predicting potential moves. He recommended Bajaj Auto, Nestle India, and Divi’s Laboratories as stocks to watch for Monday.
Summary 3:
Technical analysis suggests buying opportunities for Bajaj Auto, Nestle India, and Divi’s Laboratories at specific price points, with target prices and stop-loss levels. The bullish trends in these stocks indicate potential for gains in the near term.
Summary 4:
Investors are advised to consider the bullish outlook for Bajaj Auto, Nestle India, and Divi’s Laboratories based on technical indicators and potential price movements. Prudent risk management, such as setting stop-loss orders, is essential for safeguarding investments.
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