Charts indicate that BHEL and Bajaj Electricals are preparing for an uptrend, and that shares may in

On Friday, key indices for the Indian equities market were trading flat with a slight bullish bias. BSE Sensex increased by 53 points, or 0.1%, to 60,351, while NSE Nifty 50 maintained its position above 17,950.



On Friday, key indices for the Indian equities market were trading flat with a slight bullish bias. BSE Sensex increased by 53 points, or 0.1%, to 60,351, while NSE Nifty 50 maintained its position above 17,950. The ICICIDirect analysts have a bullish outlook and anticipate that in the upcoming weeks, the Nifty will move closer to their updated objective of the CY22 high of 18,350. The climb towards 18350 would, however, be zigzag, and secondary corrections are typical in bull markets. Any brief respite should be taken advantage of as an additional buying opportunity, the brokerage advised. BHEL and Bajaj Electricals have been recommended by analysts as short-term stock buys, with potential gains of up to 10% in the next two weeks.


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