Top stocks that Sameet Chavan of Angel Broking is bullish on

Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking.

Nifty defends its support, but ends well below the 12,000-mark

The week started on a positive note as the Nifty50 tested the 12,100-mark on the first trading session. Post a mid-week holiday; traders were awaiting the outcome of the RBI’s monetary policy meet on Thursday. The RBI announced a rate cut of 25 basis points (bps) in repo rate which was in line with expectations of majority of markets participants. However, despite this, the broader markets led by the banking space witnessed a sharp sell-off and Nifty ended the week below the 11,900 mark.

Post the election results outcome, the Nifty has