Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Dec 2
1 month, 1 week ago

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Dec 2

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Buy or sell stocks: Despite the stock market holiday in the US markets, Dalal Street heavyweights attracted strong buying on the last session of November 2024 and helped frontline indices to end higher. Sumeet Bagadia's stock recommendations Sumeet Bagadia, Executive Director at Choice Broking, believes that overall Indian stock market bias has improved as the Nifty 50 index has reclaimed the 21-DEMA support of 24,050. M&M's share price currently trades at ₹2966.10, showcasing a notable uptrend from the support levels around ₹2800, near its 50-day Exponential Moving Average. A suggested stop loss of ₹245 could be placed to limit downside risk, while the target is set at ₹270, aligning with the resistance level near the 50-day EMA.

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