Indian benchmark indices closed in the green on Friday aided by pharma and auto stocks. While Nifty finished at 24,131.10, gaining 216.95 points or 0.91%, the 30-stock S&P BSE Sensex settled at 79,802.79, higher by 759.05 points or 0.96%. This week was marked by consolidation as prices remained range-bound after Monday’s gap-up, Rajesh Bhosale, Equity Technical Analyst at Angel One said. Decoding the daily chart, he said that a defined range has emerged with the support base shifting higher to the 24,000–23,900 zone while on the flip side, the 50 DEMA and 89 DEMA continue to act as a formidable resistance around the 24,350–24,400 zone. Here are 7 stock recommendations for Monday:
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