Nifty 22,300 key support; Buy quality stocks in tranches amid volatility, says Shrikant Chouhan of Kotak Neo
Mumbai, Oct. 12 -- Amid continued market volatility and persistent foreign investor selling, Shrikant Chouhan, Head of Equity Research at Kotak Neo, has advised investors to remain cautious and focus on fundamentally strong companies.
Speaking exclusively to ANI on Monday, Chouhan highlighted key technical levels for the Nifty, sectoral opportunities and investment strategies for the current market conditions.
On Monday, the market opened flat near 22,600 but declined towards 22,350 following profit booking.
Chouhan identified 22,300 as a key support level for the Nifty. He said a break below this level could push the index towards 22,150, a level it tested last week. A further decline could trigger stronger selling pressure across the...
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