Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%
Here’s a phrase that aptly describes current market conditions: “Bulls and consolidation coexisting peacefully.” The Nifty is at an all-time high. There are shallow corrections, with the market breadth remaining positive in most sessions. And there is rotational profit-booking. Essentially, all elements that can push the existing bullish sentiment are already in place. The only problem: Every upward movement makes valuations more expensive. So, stay bullish and be watchful of what you are buying. Also, in the short term, focus on tactical investing more than anything else. These selected stocks have a strong upward trajectory in their overall average scores. This implies that there has been significant improvement in their market outlook in the given time frame.