The well-known personality Vaishali Parekh has recently recommended three stocks to purchase on 9th October 2023, Monday. Vaishali Parekh of Prabhudas Lilladhar believes that the Dalal Street sentiments have now improved after the participatory rally on 6th October 2023, Friday. The stocks that recently Vaishali Parekh has suggested are currently at a high level. As per the global cues on the ease in the US dollar index, the Indian stock market ended up higher on its second day continuous on 6th October. To know everything about the current trend of the market and to know about the stocks suggested by Vaishali read this article till the end.
As per the reports, the Nifty 50 index gained a total of 107 points and it got closed at the 19,653 level. On the other hand, the BSE Sensex shot up to 364 points and it ended up at the 65,995 mark. And the Bank Nifty index has finished 147 points higher at 44,360 levels. In the market, the small-cap index advanced 0.56% while the mid-cap index shot up to 0.66% in the previous session.
Now the vice president of technical Research at the Prabudas Lilladher, Vaishali Parekh believes that the Dalal Street sentiments are now much improved after 6th October 2023, Friday because on that there was a participatory rally. The expert Prabhudas Lilladher said that for the fresh set of the uptrend, the Nifty 50 needs to beach the hurdle which is now placed at 19,850 based on closing. For today 9th October 2023, Monday, Vaishali Parekh has suggested three stocks to buy if you want profit. She has recommended three stocks to buy for today and those three stocks include City Union Bank CUB), TAJ GVK Hotels and Resorts, and Trident. The target is that buy the CUb stock at Rs. 128.90, target Rs. 137, and the stop loss Rs. 126. The stocks of Trident buy at Rs. 38.50, target Rs. 43, and stop loss at Rs. 37. The last TAJ GVK Hotels and Resorts buy at Rs. 242.45, target Rs. 260, and stop loss Rs. 238.
By seeing the outlook of the Nifty 50 today, Vaishali Parekh has stated that the Nifty might extend the gains post the Reserve Bank of India (RBI) policy which has outcome to close above the 19,650 zone which is now improving the bias of the participation which might be visible from the broader markets. She also said that the index needs to breach the upcoming hurdle of 19,850 levels so that it can officially establish the condition for the rise in some upcoming days.