Nifty outlook
On June 22, Nifty hit a high of 15,895, and failed to register a new all-time high above 15,901, which was seen on June 15, 2021. The primary trend of the Nifty is still bullish and longs should be kept with the stoploss at 15,600. Above 15,901, Nifty could extend the rally towards 16,200 level.
Stock recommendations
Buy INDIAN HOTELS (Rs 139.90): | Target: Rs 155 | Stop-loss: Rs 130
The stock has broken out from its three-week-long consolidation. On June 22, 2021, the stock surged more than 4.5 per cent with jump in volumes. The stock