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Nifty outlook & weekly stock picks by Vinay Rajani of HDFC Securities

The markets are expected to remain range-bound and choppy unless the range of 15,550-15,950 is taken out on the either side in Nifty

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Vinay Rajani Mumbai
For the last month and a half, Nifty has been consolidating in the range of 15,550-15,950. On Tuesday, Nifty closed in the red for the second consecutive session, however, the overall trend is still neutral for the index. The markets are expected to remain range bound and choppy unless the range of 15,550-15,950 is taken out on the either side in Nifty.

Stock recommendations

Buy Fortis Healthcare (Rs 256.5) | Target: Rs 273 | Stop-loss: Rs 246

The stock has taken out the crucial resistance of the previous swing top placed at Rs 254. It has been in on a primary uptrend as