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Home Stock Market

Nifty could touch 18,000-18,100 levels in near term, find out today’s intraday top trading calls that could make strong gains

by Chandan Sen
February 3, 2022
in Stock Market
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For the Nifty, there is significant support in the 17,674-17,622 zone. We expect the Nifty to see levels of 18,000-18,100 in the near term.

Yesterday’s trade saw a post-budget rally in the market. In Wednesday’s trade, the Sensex closed 700 points higher at 59,000. At the same time, the Nifty rose more than 1 percent to close at 17,780. Financial and technical stocks saw good gains in yesterday’s transaction.

Rajesh Palvia of Axis Securities said the Nifty has made a bullish candle on the daily chart and closed above the previous day’s high, which is a sign of continuity in the market. On the overall chart, the Nifty is showing an upward trend and forming a higher top and a higher bottom series, indicating a positive trend in the market. For the Nifty, there is significant support in the 17,674-17,622 zone. We expect the Nifty to see levels of 18,000-18,100 in the near term. Rajesh Palvia advised short-term traders to hold their long positions with a stop loss of 17,600. The 17,600 has significant support for the Nifty.

Today’s intraday calls that can make a lot of money

Sumit Bagdia’s Intraday Call of Choice Broking

Usha Martin: Buy current level, target 94-99 rupees, stop loss 88 rupees

Voltas: Buy current level, target 1250 rupees, stop loss 1180 rupees

Is Anil Agarwal thinking of merging Vedanta with the Indian branch? Find out what the media reports are saying

Anuj Gupta’s intraday call from IIFL Securities

Federal Bank: Buy current level, target 108 rupees, stop loss 96 rupees

Bharti Airtel: Buy at current level, target Rs 765, stop loss Rs 695

Intraday photo of Abinash Gorakshak of Profitmart Securities

Kotak Mahindra Bank: Buy current level, target 1995 rupees, stop loss 1915 rupees

Voltas: Buy current level, target 1265 rupees, stop loss 1190 rupees

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