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Jigar S Patel of Anand Rathi recommends buying these stocks on October 28

Business Standard LogoBusiness Standard13h ago

Jigar S Patel of Anand Rathi recommends buying these stocks on October 28 - Business Standard

Quick Summary:

This inability to reach higher RSI levels suggests a lack of strong buying interest, causing concern for bullish investors.

This technical setup suggests a potential recovery, provided the demand zone holds strong.(Jigar S Patel is a senior manager of equity reserach at Anand Rathi.

However, it appears to have found strong support at the 5,600 level, a region that previously acted as a demand zone where buying interest emerged.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 07:46:48 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23276649

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Official Website: business-standard.com

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