Nifty rebound in sight after record 8-week losing streak: Analysts – FinSiddhi

Nifty rebound in sight after record 8-week losing streak: Analysts

Nifty has dipped significantly, nearing a critical support range of 22,000 to 22,600, catching the attention of traders looking for a potential technical rebound in the oversold market. Analysts recommend buying Indian Hotel and Mankind Pharma stocks, highlighting ambitious targets and stop-loss settings. Conversely, caution is warranted for IOC and Torrent Pharma, which display signs of decline. The market strategy appears optimistic for October, tapping into seasonal recovery prospects.
Read more at The Economic Times

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