Stocks to Watch, 25 March: Stocks like Sanathan Textiles, Ceigall India, JB Chemicals & Pharmaceuticals, Waaree Energies, NTPC Green Energy, Nitco, Aequs, Bosch Home Comfort India, Natco Pharma, Bharat Petroleum Corporation, and Rashi Peripherals will be in focus on March 25.
Stocks to Watch, 20 May: Stocks like CMS Info Systems, GMR Power and Urban Infra, New India Assurance Company, Marksans Pharma, Ami Organics, Bharat Bijlee, Le Travenues Technology, Mangalam Organics, Integrity Infrabuild Developers, Power Grid Corporation of India, Bharat Electronics, DLF, ACME Solar Holdings, Borosil, Petronet LNG, and DOMS Industries will be in focus on May 20.
Stocks To Watch, Dec 20: Stocks like Hindustan Construction Company, Dhanlaxmi Bank, Tolins Tyres, InterGlobe Aviation, Zodiac Energy, AU Small Finance Bank, HG Infra Engineering, Hyundai Motor India, Bharti Airtel, New India Assurance Company, and AGS Transact Technologies willl also be in focus on December 20.
The 24,500 level is likely to be key resistance as long as the Nifty 50 holds 24,200 support, and above this, 24,800 is the level to watch. Here are some trading ideas for the near term.
The consolidation is expected to continue in the Nifty 50, with key resistance at 23,650 and support at 23,400.
In the last one year, NIACL stock has surged over 100 percent, doubling investors money. In comparison, Nifty rose around 25 percent during this period.
Considering the overall chart structure, there is an anticipation of short-term rangebound sentiments.