Hey folks, have you heard the latest buzz in the stock market? Vaishali Parekh, the VP of Technical Research at Prabhudas Lilladher, is super optimistic about the Indian stock market right now. She’s saying that the Nifty 50 index is looking really strong and is on track to hit the next target of 23,800!
For the Bank Nifty, it's facing a bit of a challenge at 50,200. But if it can break through that resistance, it could shoot up to 51,000 soon. How exciting is that?
Vaishali also gave some great stock tips today. She recommended buying SBI Life at ₹1470 ($19.94) with a target of ₹1540 ($20.89) and a stop loss at ₹1440 ($19.53). For Kiri Industries, she suggested buying at ₹337.60 ($4.58), aiming for ₹352 ($4.78), with a stop loss at ₹330 ($4.48). And Delhivery is a hot pick too, buy it at ₹406.45 ($5.51) with a target of ₹426 ($5.78) and a stop loss at ₹397 ($5.38).
It looks like we’re in for some exciting times in the market!
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