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Hot Stock | In the short term, these stocks can earn double digits, don’t miss out

In the 17,200-17,100 zone, put rights are very active. Therefore, the zone of 17,200-17,100 seems to be the immediate support for the Nifty.

Swastika Investmart, Santosh Meena

Nifty continues to rise. However, in 17250 an immediate hurdle is visible for the Nifty. The Nifty needs to cross the 17,400 level to move towards its 100-DMA. The next resistance of Nifty is seen at 17,500 / 17,600. On the downside, the 20-DMA at 17,150 is a significant support level. After that level 17000 is the second support.

The market remains bullish, but it will be important for the Nifty to stay above 17200 to continue this uptrend. If we look at the derivative data, the Putt writers are very confident and believe that the Nifty will not fall below 1700 before the expiration date while the Nifty will remain open at 17,500. In the 17,200-17,100 zone, put rights are very active. Therefore, the zone of 17,200-17,100 seems to be the immediate support for the Nifty.

Here we are giving you 3 buy calls so that you can earn good money in 2-3 weeks.

D-Link India: Buy , LTP: Rs 170.90 Buying advice on this stock with a stop loss of Rs 156 for a target of Rs 205. This stock can return up to 20 percent in 2-3 weeks.

Signs of market rally, bet on these stocks today, strong intraday gains

KNR Construction: Buy , LTP: Rs. 288.75 The stock has a stop loss of Rs 270 and a buy target of Rs 320. This stock can return up to 11 percent in 2-3 weeks.

NIIT: Buy , LTP: Rs. 481.10 Buying advice on this stock with a stop loss of Rs 440 and a target of Rs 550 would be a buy call. This stock can return up to 14 percent in 2-3 weeks.

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