Shares to buy in the short term: After two consecutive weeks of losses, Indian stock market benchmark Nifty 50 increased by 4.5 percent in the holiday-shorted week as a break in the US reciprocal rates increased sentiment. Buy by foreign portfolio investors (FPIs) and the prediction of an above normal monsoon also increased the sentiment. Last week, FPIs bought Indian shares worth £ 14,670 in the cash segment amid chatting that the economic impact of rates imposed by US President Donald Trump would be relatively lower on India. Meanwhile, the India Meteorological Department (IMD) has been in the country during the coming season in the country’s above normal monsoon rains. Although the current sentiment is positive, the Indian stock market is expected to remain volatile in the short term, driven by stock -specific movements due to quarterly results and management commentary. Jigar S. Patel, senior manager of equity research at Anand Rathi share and stockbrokers, recommends that the next two to three weeks buy shares of Lic, Kotak Mahindra Bank and Cello World. Stock elections for the short -term Life Insurance Corporation of India (LIC) | Previous Closing: £ 803.20 | Target Price: £ 885 | Stop loss: £ 755 After a peak of £ 1,222 in August 2024, Lic was a sharp drop of nearly 500 points, which means a 42 percent correction. Recently, the stock has formed a classic inverted head and shoulder pattern – a bullish turnaround. The price has also successfully re -tested the neckline of the pattern and strength, indicating a possible reversal of the trend. “We recommend that you go in the £ 790-805 series for a long time with an upside down target of £ 885 and a stop loss on a daily closing base of £ 755,” says Patel. Lic Technical Card Kotak Mahindra Bank | Previous Closing: £ 2,188.10 | Target Price: £ 2,400 | Stop loss: 2,000 Kotak Mahindra Bank recently broke out of a long -standing consolidation area between about 1,600 and 2,050, which has lasted over the past three to four years. This exposition is significant as it indicates a potential shift in the long -term trend. The monthly RSI supports this bullish view, and is firmly above the 60 -point, reflecting the underlying power and momentum. “Given these technical signals, we recommend that your long positions start in the £ 2.150-2.200 zone. The upward target is placed at £ 2,400, while a stop loss on a daily shutdown base has to manage a strong reward of a strong reward. Kotak Mahindra Bank Technical Chart Cello World | Previous Closing: 680 | Stop loss: £ 540 Cello World has recently formed a double bottom with bullish divergence and broke above a falling trend line, indicating the potential turnaround. -Value, where the pivot of the current month is within the previous month’s series, often a precursor to an explosive move. By Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions, as market conditions can change quickly, and conditions can vary. First published: 21 Apr 2025, 07:41 AM IST
Shares to buy in the short term: Jigar Patel of Anand Rathi proposes 3 shares; Do you own any? | Einsmark news
