Key Points
Certain PSU stocks, such as BEL, NCC, NBCC, and IRCTC, appear attractive at current levels, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities..
However, other PSU stocks may require a correction of 5-10% for an ideal buying opportunity. Investors are advised to consider adding more of the mentioned stocks during any dips, he says.. Edited excerpts from a chat:..
Following new peaks made by Nifty this week, how cautious would you be in the next week ahead of the monthly F&O expiry?.
The outlook suggests a potential upward movement in the coming weeks, aiming for levels around 22,500-22,700, with robust support identified at 22,000...
Do you see the trend of private banks racing ahead of their PSU counterparts sustaining in the days to come amid delivery-based buying in counters like HDFC Bank?..
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