Traders can use the dip to create long positions in Nifty futures around 17,100 levels for targets of 17,600-17,750. One can use 16,900 as a stop loss for this long trade. On the sectoral front, we expect auto, banking, financials, power, and capital goods to outperform, while IT, FMCG, and metals can be the laggards.
2 top stock recommendations from Rajesh Bhosale for near term
Angel One’s Rajesh Bhosale suggests the market may remain pressured unless it surpasses 25,000, with 24,600 as a crucial support level. While FMCG and pharma
July 29, 2025