We had an incredible session in the Indian Share Market last week, with Nifty experiencing a significant increase and surpassing the 19000 mark. The question now is whether this rally will continue. According to technical analysis, the rally is likely to continue unless there is any negative news that acts as a trigger. There are possibilities of Nifty reaching 21000 and even 22500 in the medium term.
Certain stocks are expected to have an upward movement, including Indigo, Tata Chemicals, L&TFH, Shriram Finance, and Tata Steel.
On the other hand, stocks in the vehicle sector, such as Maruti and Hero Moto Co., are likely to witness some fluctuations.
Reliance's technical parameters are not yet strong, but there are still possibilities of an upward movement.
Please note that these are solely my opinions, and it is essential to make your own decisions before entering or exiting any trading transactions.
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