Volatility is high on Dalal Street as inflationary worries renewed hawkishness by the US Fed. However, analysts believe that traders have enough opportunities on both sides – short and long – to make strong returns. Based on analysts’ recommendations, here are some stocks that can rise sharply in the near term:
Tech View: Nifty charts throw up dark clouds. What traders should do next week
Nifty’s short-term trend seems to have reversed down after a reasonable rise from the lows. Immediate support is placed at 22,300 and the weakness below