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Nifty outlook and top stock calls by Angel Broking: Buy Escorts, Siemens

Stock ideas by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

Stock ideas by Angel Broking
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Stock ideas by Angel Broking

Sameet Chavan Mumbai
New month to probably bring back some revival
 
Trading for last week began with a decent upside gap, which was mainly a reaction of the various announcements made by the FM Sitharaman on the previous Friday evening. However, immediately index lost this early morning lead which was mainly caused by the escalated trade war between the US and China. Due to this, index not only erased all opening gains but also went on to sneak well inside the negative territory.

Things looked extremely bleak at one point of time, but fortunately, we witnessed enormous buying interest at lower levels

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