MediumNeutral
Announced Thu, 9 Jul · 12:11 IST

Stocks to buy: Nagaraj Shetti recommends Avantel, Jtekt India shares to buy in the short-term

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Technical analyst Nagaraj Shetti has recommended Avantel and Jtekt India shares for short-term buying. Avantel is on the verge of a breakout from an ascending triangle pattern at around 183-186 levels, while Jtekt India is attempting to cross a key downtrend line resistance at 148-149. The recommendations come as the Nifty 50 rebounded nearly 0.7% to 24,047.75, recovering from a sharp 2.1% decline in the prior session triggered by US military strikes on Iran and a spike in Brent crude to near 79 dollars a barrel.