Shares to buy in the short term: Jigar Patel of Anand Rathi proposes 3 shares; Do you own any? | Einsmark news

Shares to buy for the short term: Despite losses in the last two consecutive sessions, the Indian stock market has extended its profits for a second consecutive week, supported by the relief of trade war, healthy inflow of foreign capital and largely stable March quarter (Q4). The Nifty 50 rose by about 1 percent last week, rising about 2 percent in April after a 6 percent increase in March. “Global Equity continued to see a relief from the expectations of a ramp of US rates. FII purchases were positive this week, supporting the Indian shares. On the near to medium term, shares will continue to respond to Q4FY25 results, management commentary, geopolitical events and development regarding the rates war. -Insering at Kotak Securities. Birrasoft buying. In the previous session, it briefly tested £ 2,300 after the result announcement. However, the overall graph structure remains positive, as the twice target from the previous consolidation zone is still pending. “We recommend a ‘purchase on dips’ strategy within the £ 2,300-2,330 zone. The upward target was set to £ 2,550, while the stop loss on a daily closing base must be maintained at £ 2.195 to manage the risk effectively and protect capital. 337.90 | Target Price: £ 420 | Stop Loss: £ 285 at the present time trading Sonata software near an important Fibonacci return, with 0.886 percent from May 2022 low, 0.707 percent from March 2020 low, and 0.618 percent from October 2001 Low Converging Rest Bullish divergence observed, suggesting that it is a possible upside. Risk management remains decisive with the defined stop loss, “Patel said. Sonata Software Technical Chart Birlasoft | Previous Closing: £ 386.05 | Target Price: £ 485 | Stop Loss: £ 330 Birlasoft shows signs of a cycle of 427 days, matching Gann 427), which indicates a possible time-based reversal. 390 zone, with a target of £ 485. Birlasoft Technical Chart Read all market-related news Here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions, as market conditions can change quickly, and conditions can vary. First published: 28 Apr 2025, 08:29 am Ist