Share Market: These shares will become rockets on Monday! Experts’ confidence increased, will you also invest money?

Monday Share Market Tips Guide: Indian stock market has been witnessing continuous ups and downs for the last few days. The market closed with a heavy fall on Friday due to the ongoing tension in the Middle East and some global political movements. There was a lot of weakness in banking and financial shares due to which the Sensex fell by 516 points to 77,328. Along with this, Nifty also could not maintain its balance and slipped 151 points to reach the level of 24,176.

Despite this volatility, Anand Rathi’s Senior Technical Researcher Ganesh Dongre has absolutely advised investors not to panic. He believes that the stock market is now the best ‘Buy-on-Dips’ time to buy every dip. Has come into mode. He has given excellent share tips for Monday 11th May. He has selected such special stocks which can give big benefits to investors in the coming days.

Support of Nifty and Bank Nifty

According to Ganesh Dongre, the level of 23,500 to 23,800 for Nifty will act as a strong support in the market. At the same time, the market may have to face a major obstacle in the range of 24,800 to 25,000. If Nifty remains above 24,800 then it will soon go to 25,300. The level of 54,500 to 55,000 is considered a very important support for Bank Nifty. Therefore, investors should make any major strategy keeping these important market levels in mind. Any big news in the market is expected to increase the volatility rapidly.

The first choice of the expert is the share of Emcure Pharma in which investment is advised to earn profits. Buying it in the range of Rs 1640 to Rs 1660 will be a profitable deal for investors. Its target has been kept at Rs 1730 and stop loss is set at Rs 1615. Experts have chosen Kfin Tech as their second choice for Monday. It is advised to buy this great share easily in the range of Rs 910 to Rs 920.

The target of this stock has been set at Rs 980 and stop loss at Rs 890. There is a very good possibility of investment in Mazagon Dock Shipbuilders in the form of third share. Buying it between Rs 2640 to Rs 2660 can be a very safe decision for investors. Its target has been fixed at Rs 2750 and stop loss at Rs 2580.

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Important tips for investing in the market

In the coming week, the direct impact of the talks between America and Iran will be visible on the market. Apart from this, it will be very important to keep an eye on the important activities of foreign and domestic institutional investors. Discipline and strict adherence to stop loss is the real key to profit in the stock market at present.