Key Highlights
- This indicates the index may correct further.
- However, experts see key support for the index in the range of 25,300–25,400.
- Experts say short-term investors should focus on stocks with favourable technical indicators.
- Vishnu Kant Upadhyay of Master Capital Services and Hitesh Tailor of Choice Equity Broking recommend the following six stocks to buy for the next 1-2 weeks: According to Upadhyay, HCL Technologies has delivered a decisive breakout from over a month-long consolidation phase, accompanied by a strong closing, signalling a clear shift in momentum in favour of the bulls.
- The stock is trading comfortably above all its key exponential moving averages, highlighting a well-established upward trend.
