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Nifty in oversold territory; pullback to 24,000 possible: Analysts

The Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is maintained. Traders are advised to consider specific option strategies for the upcoming weekly expiry. Several top stock picks are recommended with defined targets and stop losses. These include Azad Engineering, Laurus Labs, RR Kabel, and Astra Microwave Products.

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Economic TimesLean R·2h ago
Nifty in oversold territory; pullback to 24,000 possible: Analysts
The Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is maintained. Traders are advised to consider specific option strategies for the upcoming weekly expiry. Several top stock picks are recommended with defined targets and stop losses. These include Azad Engineering, Laurus Labs, RR Kabel, and Astra Microwave Products.
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Nifty in oversold territory; pullback to 24,000 possible: Analysts

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Nifty in oversold territory; pullback to 24,000 possible: Analysts

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