Stocks to buy: Two stock recommendations from MarketSmith India for 13 December
Live MintThe Nifty 50, India’s benchmark stock index, remained in consolidation mode around its 50- and 100-day moving averages. Technical experts unveil year-end target and trading strategy The Nifty 50 has retraced 50% of its recent decline and is now encountering resistance near its 100-day moving average. The current trend reflects a sideways sentiment in the market, with the Nifty 50 facing strong resistance around its 100-day moving average at approximately 24,700. Two stocks to buy, recommended by MarketSmith India: Bharti Airtel Ltd: Current market price ₹ 1,587.86 | Buy at ₹ 1,570–1,600 | Profit goal ₹ 1,850 | Stop loss ₹ 1,490 | Timeframe 2–3 Months Pyramid Technoplast Ltd: Current market price ₹225.35 | Buy at ₹ 219–226 | Profit goal ₹304 | Stop loss ₹ 199 | Timeframe 3–4 Months