Hot Stocks: Bet on Max Healthcare, Ipca Labs and SAIL for healthy returns in short termMoneycontrol • 16 days ago
The market is expected to be driven by stock-specific actions in the coming days. Short-term traders may focus primarily on large-cap stocks and should avoid small-caps.
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The trend is likely to remain positive as long as the Nifty 50 stays above 22,000.
While criticising the government over its failure in specifying the range of rates within which private hospitals, the Supreme Court also warned of applying CGHS rates if the Union Health Ministry is unable to meet the requirements in the stipulated time.
The Nifty 50 is expected to take a support at 22,050-22,000, with immediate resistance at 22,350.
Amnish Agarwal of Prabhudas Lilladher continues to be overweight on banks, healthcare and capital goods, while being underweight on Consumer.
The quarter ended December turned out to be healthy despite being weak seasonally and other headwinds
Considering the overall chart structure, there is an anticipation of short-term rangebound sentiments.