Rajat Bose of rajatkbose.com recommends buying Bajaj Finance with stop loss below Rs 3968 for target of Rs 4070 and Rs 4087 and Tata Steel with stop loss below Rs 373 for target of Rs 387.
Nifty ended September series with a gain of nearly 6 percent, forming a bullish candle after forming red candles in the last three consecutive expiries, which indicates that bulls are trying to take charge from the lower end.
Investor sentiment was boosted by positive comments from China on a trade deal with the United States. As per Reuters, the Chinese commerce ministry said Beijing is in close communication with Washington and is preparing to make progress at trade talks in October.
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