MediumNeutral
Announced Fri, 26 Jun · 06:02 IST
Stocks to buy for short term: Ajit Mishra of Religare Broking recommends 3 shares for next 1-2 weeks. Do you own any?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Ajit Mishra of Religare Broking recommends three stocks for short-term buying over the next 1-2 weeks: Aurobindo Pharma, Mahindra and Mahindra, and Samvardhana Motherson International, citing bullish technical setups and breakouts. He maintains a positive yet cautious stance on the broader market, noting that the Nifty 50, currently at 24,056, needs a decisive close above 24,200 for bulls to gain firm control, with key resistance near the 200-day EMA around 24,500. Concerns over monsoon deficiency at 43.2% have added to profit booking and kept overall market momentum muted.