Sneha Seth from Angel One suggests booking profits for intraday positions in index options. She notes potential resistance at 23,000-23,100 levels but sees opportunities in the oil and gas sector. She highlights BPCL and Cipla as promising stocks, with specific target and stop loss levels. Banking stocks also look strong, supporting Nifty’s performance.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of