
Financial Year 2022 ended with whopping gains of around 19% and the commencement of the new Financial year has been on a high note.

In the last 5months, the Indian market was trading in a channel with a negative bias. Today, we are at the upper band of that channel.

The apt strategy would be to focus on Themes that are likely to perform during the sector churning

On the downside, any breach below the last session low of 32000 odd zone could dampen the sentiments further

Tradebulls is bullish on BEL with a price target of Rs 223 per share.

Nirmal Bang Securities is bearish on ACC with a price target of Rs 2,180 per share.

Angel One is bullish on HDFC Bank with a price target of Rs 1,572 per share.

Angel One is bullish on Tata Steel with a price target of Rs 1,300 per share.

Tradebulls Securities is bullish on EID Parry with a price target of Rs 535 per share.

While domestic inflation increased, what is more concerning is that US inflation reached a four-decade high