Stock Market Predictions for the Week Ahead

Stock Market Predictions:

This week, domestic stock markets are likely to experience mixed movements. Investors will closely monitor several factors that may influence market trends, such as the possibility of the US Federal Reserve reducing interest rates in September and ongoing GST reforms, which could provide some support. However, the uncertainty surrounding Trump’s tariffs and the Russia-Ukraine conflict may impact market sentiment negatively.

Stock Market Predictions:

The Nifty index saw a decline of over 200 points last Friday, indicating some profit-taking. If support levels hold, there could be a potential for a rebound rally. Therefore, investors should be cautious and select their stocks wisely.

Stock Recommendations:

1. NSDL: Recently listed, this stock has been performing well. It has been moving steadily since its IPO, showing a strong structure. Investors can consider accumulating shares at ₹1,250 and aim for a target of ₹1,450. A stop loss can be placed at ₹1,210.

2. Exide Industries: After a period of downtrend, Exide’s stock is showing signs of reversal and is currently in an accumulation phase. The battery industry is also improving. Investors can enter around ₹380/390 and target ₹455, with a stop loss at ₹370.

3. Supreme Industries: After a downtrend since last June, this stock has been reversing since May. If it breaks the resistance at ₹4,700, there is potential for further growth. Investors can enter at ₹4,600 and aim for ₹4,780. Stop loss should be at ₹4,560.

4. Ipca Laboratories: This stock has been in an accumulation zone and is showing signs of reversal from the ₹1,350 level. Investors can consider buying at ₹1,400 and target ₹1,580/1,650, with a stop loss at ₹1,360.

5. Aditya Infotech: Recently listed, this stock is showing strong momentum and is outperforming Nifty. Investors can enter at ₹1,300 and target ₹1,550, with a stop loss at ₹1,260.

Before making any investment decisions, it’s advisable to consult with financial advisors for personalized advice.

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