Looking for opportunities in volatile market? Here are 5 technical stock picks
- 5 days ago
The undertone of the market continues to remain negative amid weak global cues, rising inflation and relentless selling by foreign institutional investors. On Friday, the benchmark indices extended their losing streak to the third session as Sensex settled 111 points or 0.21 per cent lower at 52,907.93."Nifty is trading in a secular downtrend and is currently struggling near the critical support of the 15,700. On the technical front, Nifty has key support around 15,700 sub-zone, breaching which 15,500 could be seen as an immediate cushion while the sacrosanct support lies around the 15,200-odd zone," said Osho Krishan, Senior Analyst – Technical & Derivative Research, Angel One.Here are 5 technical stock picks from Osho Kishan to make most of the market volatility.