Synopsis
Markets showed mixed behavior recently, with Tuesday’s session ending with the Nifty down 208 points (-0.85%) after a period of consolidation. Despite defensive sectors performing well, stock-specific opportunities arise. GREAVESCOT is poised for a potential 7% breakout after forming a base near Rs. 112. Gujarat Pipavav Port is poised for a potential 7% breakout, offering an attractive entry point.
A day of consolidation and a day of a move; such are the markets over the past many days. Following a flat session as the markets started a new week, Tuesday wore a corrective look once again. The Nifty opened on a lower note and traded with capped losses in the first half of the session. After trading largely sideways, the markets slipped further which took the Nifty to fresh lows. The headline index closed with a net loss of 208 points
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