Here are top market cues this morning | Experts reccomend buying Balkrishna & Escorts
For the new week, SGX is up in the new week and hence we can look for a continuation of the advanced, the notable thing for last week was that Nifty continued to outperform the Bank Nifty. The FI has said to a created a long position in Nifty future and not in Bank Nifty. It does seem that this position created in Nifty, futures could potentially be a directional one. He also suggests a couple of long switches, first up by Balkrishna Industries, the company is moving upward and all-time new highs. The price is at 1314.10, target at 1350.00 and the stop loss is available at 1300.00. Escorts on the other hand is priced at 1059.90, targeted at 1085.00, and stop-loss available at 1050.00. Watch the video to know more!
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