The Indian stock market ended the week on a positive note, with the BSE Sensex inching upwards. This development has investors eager to know what's next for the Nifty. According to Sumeet Bagadia, a well-known technical analyst, the market is poised for further growth. In an exclusive interview, he shared his outlook for the market and recommended three stocks under ₹100 that he believes are a buy in the current situation.
Bagadia's optimism is based on the market's technical indicators, which suggest a bullish trend. The Sensex has been trading above its 50-day moving average, indicating a strong upward momentum. Additionally, the Nifty has been making higher highs, which is a bullish sign. However, investors should note that the market is still volatile, and caution is advised.
The three stocks that Bagadia recommends are [stock names], which are trading at affordable prices. These stocks have strong fundamentals and are poised for growth. Investors who are looking to diversify their portfolio and take advantage of the current market momentum may consider investing in these stocks. As the market continues to navigate the current economic landscape, investors should stay informed and make informed decisions.