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Equity benchmarks closed the last week on a subdued note, ending with modest losses amid heightened volatility. The current holiday-shortened week is expected to be volatile as investors track the developments around the tariffs coming out of the US. In this setup, here are 4 stocks to buy for robust returns in the short term.
Bharti Hexacom on daily chart reveals a breakout of resistance zone with increase in volume bar, signaling buying interest. The strong closing above the resistance zone of 1475 is now reflecting positive sentiment. Drumil Vithlani, Technical Research Analyst at Bonanza A symmetrical triangle breakout has been witnessed in MedPlus Health.
On a daily time frame indicating a bullish trend in the security. The price closed above the resistance zone of Rs 778-780 forming a bullish candlestick. Gradual volume increase on the day of breakout indicates that buyers are active in the market Drumil Vithlani, Technical Research Analyst at Bonanza The price action in NTPC shows a trend reversal pattern characteristic.
The price is just on the verge of crossing its 200-day moving average and the slope of the 50-day moving average turns up. The price action has seen a series of higher highs and higher lows in last four weeks. Manish Shah, SEBI registered Investment Advisor The price action in Keynes Technology shows a breakout from a rounding bottom trend reversal pattern.
The price is on the verge of crossing above its 200-day moving average and this could be a positive sign. Kaynes Technology is still in a long-term uptrend on the weekly and monthly time frame. Manish Shah, SEBI registered Investment Advisor ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of Economic Times).
