MediumPositive
Announced Mon, 15 Jun · 16:31 IST

Nifty eyeing 24,600 retest; Rajesh Bhosale says 2 stocks could outperform right now

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Angel One technical analyst Rajesh Bhosale is bullish on Nifty, targeting a retest of 24,600 (April swing high) with the 23,750–23,800 zone acting as dip-buying support. He recommended buying Trent with a target of ₹3,080 and stop loss of ₹2,790 after it broke above its 200 DMA, and Phoenix Mills with a target of ₹1,950 and stop loss of ₹1,760 following a confirmed double bottom breakout on the 200 DMA.