IREDA & Jio Financial Shares Dip: Kush Ghodasara on Buying Strategy

On Monday, well-known market analyst Kush Ghodasara shared his insights on the current stock market trends. According to him, there is a possibility that the market may continue to slide in the coming days.

"I think the Nifty might see a further drop, possibly moving toward the levels of 22,500 or even 21,700," said Ghodasara during an interview with Business Today. He also highlighted the importance of setting a trailing stop loss for investors to manage their risks. "The stop-loss level on the upside would be 23,300," he explained.

Ghodasara warned that there might be an increase in nervousness among traders and investors as market uncertainty continues. He encouraged investors to remain cautious and advised them to follow disciplined strategies while navigating the current market situation.

These insights come at a time when stock market volatility has been a concern for many. Investors should carefully assess their decisions and consider risk management to handle the unpredictable market environment effectively.

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