Shares to buy below £ 100: to positive sentiments after US President Donald Trump declared a 90-day break in the US rates recently imposed on his trading partners, the Indian stock market skyrocketed on Friday. The Nifty 50 index opened on 22,695 upside down and closed on 22.828, with an intraday increase of 429 points. The BSE Sensex opened up upside down at 74.835 and closed at 75.157 and reported an intraday 1310-point rally during the Intraday trading session on Friday. Similarly, Bank Nifty had a stir on 50.634 today, and the bank index closed at 50.995, winning more than 750 points during Friday transactions. The stock market strategy Mehul Kothari, Deputy -Vise -President -Technical Research at Anand Rathi, believes the Indian stock market shows potential strength after a strong setback in Dalal Street. However, Mehul Kothari of Anand Rathi maintained that the Nifty 50 index at 23,000 faces an obstacle, and one can accept a bull trend only on breaking this resistance. Mehul Kothari of Anand Rathi said about the prospects of the Nifty 50 index: ‘This past week, a sharp decline on’ Black Monday ‘began, while Nifty opened with a significant gap of nearly 1.146 points. However, bulls had control later in the week, which helped the index get a minor loss of a minor loss. Daily chart remains below the 21, 50, 100 and 200 dema levels, which indicate positive map positive on the weekly map. Per Camarilla pivot, and traders should watch it closely. ‘Anand Rathi said that the Nifty faces an obstacle at 23,000 today, while it provided important support at 22,500. On a question about the bank Nifty Outlook, Mehul Kothari said: “After Black Monday, the bank Nifty index recovered nearly 1,700 points as Bulls fought back strongly on Friday. Despite this setback, it closed the week with a loss of about one percent. Camarilla pivot, and traders must monitor this series for directions. Green Energy, Shree Renuka Sugars and SJVN. and 3]SJVN: Buy at £ 91 to £ 92, target £ 102, stop loss £ 86. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or brokerage companies. We strongly advise investors to consult with certified experts, consider individual risk tolerance and do thorough research before making investment decisions, as market conditions can change quickly, and individual circumstances may differ. First published: 12 Apr 2025, 02:23 PM IST
Shares to buy below £ 100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell | Einsmark news
