While leaving, positive closing of the market was seen in the year 2024. Nifty managed to close with annual gains for the 9th consecutive year. Nifty closed up by about 13 points. Sensex fell 109 points and closed at 78,139. Midcap, smallcap indices closed after recovering from lower levels. Nifty Bank fell 91 points and closed at 50,860. Midcap closed 10 points higher at 57,199. 16 out of 30 Sensex stocks rose. 26 out of 50 Nifty stocks showed a rise. At the same time, before the market closes, for short term earning, leading experts advised to bet in the shares of Kalyan Jewellers, BSE, Bharti Airtel and Federal Bank. Know who gave how much target price-
JM Financial’s Soni Patnaik’s cheapest option: Kalyan Jewellers
Soni Patnaik of JM Financial said that there will be profit on buying calls with January expiry in Kalyan Jewelers stock. He said that its call with strike of 800 should be bought at around Rs 12.75. In this, targets of up to Rs 20/24 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 6.
Rachanavaidya.in’s Rachana Vaidya’s F&O Superstar Share: BSE Future
Rachna Vaidya of rachanavaidya.in advised to buy BSE stocks from the F&O segment before the market closes. He said that targets of Rs 5415/5500 can be seen in this stock. He said that buying should be done at the level of Rs 5310 with stop loss at the level of Rs 5369.
Technical View: It is important to cross 23,700 for further rally in Nifty, know how the market mood can be on January 1
Prashant Sawant of Catalyst Wealth shares chart miracle: Bharti Airtel
Prashant Sawant of Catalyst Wealth bets on Bharti Airtel as the stock to perform chart miracles for today. He said that one can buy it at the level of Rs 1592. Put stoploss at the level of Rs 1575. This stock can go up to the level of Rs 1640.
Marketsmithindia’s Mayuresh Joshi’s Midcap Funda Stock: Federal Bank
Marketsmithindia’s Mayuresh Joshi, calling it a midcap funda stock, said that today Federal Bank stock should be bought at the level of Rs 199. He said that it can see good upside target in medium to long term.
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