Buying demand has emerged from the 52-week EMA, which has historically acted as an incremental buying opportunity on multiple occasions (currently at Rs 2,430), which also confluences with the rising demand line joining lows since January 2021, it added.
ETMarkets Smart Talk: ‘Too Old to Rally, Too Young to Fall’ – Kedar Kadam on navigating markets in FY26
Kedar Kadam of Dolat Capital anticipates muted returns in Indian equities for the rest of FY26, emphasizing stock picking and sector rotation. He advises monitoring