MediumPositive
Announced Mon, 13 Jul · 08:00 IST
Stocks to buy for short term: Swiggy, Tata Power among 3 shares Anand Rathi's Jigar Patel recommends for next 1-2 weeks
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Anand Rathi technical analyst Jigar Patel recommends three stocks for short-term buying over the next 1-2 weeks, including Swiggy and Tata Power, citing trend reversal patterns and institutional accumulation signals. The Nifty 50 touched an intraday high of 24,530.90 and low of 23,805.20 during a volatile week, closing 0.26% lower, while India VIX surged 26% on 8 July before moderating. Patel maintains a 'buy on dips' strategy, identifying 24,300-24,600 as a supply zone and 23,800/23,500 as immediate and strong support levels for the index.