Gautam Shah of Goldilocks Premium Research suggests gold may consolidate after reaching a short-term peak. He anticipates a significant rally in metals, forecasting the metals index to hit 10,500. Jindal Group stocks are particularly attractive, with potential gains of 15% to 30%. Investors should focus on quality large-caps amid global volatility. Silver is also expected to perform well.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.