Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

Last week, we had witnessed a 'Bullish Flag' breakout around 12,050 and since then markets never looked back.

The year 2020 has not been great for mankind as we have had to make a lot of forceful changes in our lives. The pandemic weighed down heavily on health as well as on economies across the world. But it seems that slowly and steadily things are coming back to normal. In fact, a lot of positivity across the globe lifted markets at fresh record highs. 

During the week gone by, the first three trading sessions were almost a replica of each other to register a new high of 12,769.75. This was followed by some consolidation ahead of the Muhurat trading