Asked about the stocks that have strong fundamentals and looking promising on the technical chart, stock market experts listed out Glenmark, Lupin, Cipla, Sun Pharma and Dr.
Commenting upon the major triggers that hold key in the Indian share market Avinash Gorakshkar, Head of Research at Profitmart said, “Rise in the COVID cases have gone up to an alarming level and this will be the major trigger for the Indian markets irrespective of how the world market performs. So, I am expecting highly volatile stock market in the next week trade sessions.
Asked about the major levels that traders and investors must keep in mind Sumeet Bagadia of Choice Broking said, “In Nifty, range will be 14,300 to 14,800 and F&O traders are strictly advised to maintain the stop loss at 14,300 while taking any call position in the 50-stocks index.
Bagadia said that Pharma sector is expected to outperform other sectors and advised investors and traders to think of taking buy position in Glenmark, Lupin, Cipla, Sun Pharma and Dr.