Sun, Nov 17, 2024 8:11 PM
Price Volume breakout stocks: These stocks likely to be in focus tomorrow
A Flip by Shubhangi Gupta
Investors this year have grown increasingly confident the US economy will achieve a "soft landing." But the election of Donald Trump as the nation's next president has complicated the outlook. And some economists now think it's likely the US could face another inflation resurgence if Trump follows through with his key campaign promises.
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If Nifty holds 23,500, a retest of the 24,500–24,600 resistance zone is possible. Signs of the index being oversold suggest a sideways movement or potential bounce in the coming sessions. Stocks to Buy- 📌Info Edge India: Buy at ₹7,768 | Target Price at ₹7980 | Stop Loss at ₹7,680. 📌Max Financial Services: Buy at ₹1,232 | Target Price at ₹1,275 | Stop Loss at ₹1,200.
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This week belongs to Nvidia and its CEO Jensen Huang. Not to Donald Trump. Not to any of his cabinet nominees. Not to the incoming Republican majorities in the U.S. Senate or the House of Representatives. They are expected to dominate the market this week, with the company expected to report 74 cents a share in earnings, up 85% from a year ago, and revenue jumping 81.1% to $32.8 billion.
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