Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 30 December 2024
Live MintBuy or sell stocks: The Indian stock market continued to trade sideways throughout the week as the Nifty 50 index failed to break above the 200-DEMA hurdle, which was placed at 23,850. Sumeet Bagadia's stock picks for next week Sumeet Bagadia, Executive Director at Choice Broking, believes that the overall Indian stock market sentiment is range-bound as the Nifty 50 index has failed to break above the 200-DEMA hurdle, which was placed at 23,850. Regarding buy or sell stocks next week, Sumeet Bagadia recommended buying these three shares: Can Fin Homes, Dr Reddy's Laboratories, and Mahindra & Mahindra. A suggested stop loss could be placed at ₹720 to limit downside risk, while the target is set at ₹810, aligning with the resistance level near the 50-day EMA.