Day Trading Guide: 2 stock recommendations for Monday

[OZER]

Nifty50 ended flat for the second day in a row. The benchmark equity index has entered a range-bound trade between 17,400 on the downside and 17,560 on the upside. Further, bears are defending the key resistance level of 17,560 while bulls are defending the 89-DMA at 17,400. A sustained trade beyond 17,560 in the coming week will resume the intermediate uptrend, taking the index higher to the levels of 17,600-17,780. On the flip side, a trade below 17,400 may trigger profit booking, dragging Nifty lower to levels of 17,200 which is also the GAP area. Moreover, with the index now making a higher high and a higher low, the short-term trend is in favour of the bulls. Therefore, we are again in a buy-on-dips scenario. Intraday sharp declines to levels of 17,200 can be used as a buying opportunity. RSI has also turned upwards above 40 level, suggesting bullishness

Buy Polycab at CMP Rs 2,471
Target price: Rs 2,640
Stop loss: Rs 2,375

Buy Kolte-patil Developers at CMP Rs 322
Target price: Rs 355
Stop loss: Rs 306

[inflexion]

No they want us to have no choice but buy stocks n inflate there assets cuz we got not choice

[Zenyii]

The more I watch these short s I get this notion there pushing a narrative to make people just do as they want. Instead we must think outside of the box as too avoid group think

[DennisLevis]

The only one hurting is them because they can't buy cryptocurrency legally they are being left behind. Cyptocurrency is taking market share from traditional investments like gold and even a good share of stocks. Microstrategy just buying bitcoin at 30k not only made them billions but grew there companies market cap by quadruple .

[countrified]

The fact that these bubbles kept on inflating during Covid tells you all you need to know, the Fed is the US economy at this point.

[NightmareX91]

when are men going to stand up and take back..

[beak]

LETS GO BRANDON YOU SOB

[size]

No, it cannot. The US is completely addicted to inflation. Inflation is simply an expansion of the money supply, not the CPI or whatever nonsense the silly government says it is. Is the US government going to stop expanding the money supply? Never. It's literally impossible.

[edusenx]

Why is someone from Stellar Lumans here.. ‍️

[nudism]

I'm from Ukraine but so happy to see US regulators attitude and ceos delivery, 5 hours of smooth enjoyment!

[emoedward123]

You can stop the inflation by doimg a world order no one will increase price any kind of product on the market as in all no one can tell fhey short there profit imagine if u didnt put attention on this problem on the year 2300 the one brand new car is worth 1million the years come by the price of all producr will be increasing non stop the value of the money will become worthless.all the business are takimg all there looses on there customer look the slow moving items example they can get 5$ they will sell it for 40$ to cover there ass for the slow days and for no sales on this particular day they all took from the customer why they didnt find ways on thete own way or you can put price what ever u want it if they put law on pricing like 10% of the total value of there product if 50$ it will become 60$ on any kind of product from food to vehicle all the same percentage example on vehicle 12k the 10:% is 1,200 thats the dealership they will get

[Sou_Jhol]

Of course it can but why would it this benefits the wealthy and keeps the working class dependent on the government.

[MagicLinx]

Inflation is inevitable. What you can do is print money faster than inflation

[Darx]

Investing is the best option right now, seen the economy is bad  INTELLECTWEBSCM making money with those guys is the right time now

[supervisory]

Clowns