The Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is maintained. Traders are advised to consider specific option strategies for the upcoming weekly expiry. Several top stock picks are recommended with defined targets and stop losses. These include Azad Engineering, Laurus Labs, RR Kabel, and Astra Microwave Products.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week