3 Stocks to Watch in the Coming Days

1. Redington Ltd:

Redington is currently trading at ₹250, a level that has acted as a significant resistance for the stock for quite some time. In the past, after a prolonged consolidation around ₹250, the stock witnessed a decline of nearly 30%. Since then, it has been on a steady upward trend and is now once again approaching the ₹250 mark. A breakout above this level could trigger strong upward momentum. Keep this stock on your watchlist to monitor its movement.

2. HDFC Life Ltd:

The ₹750 level has served as a major resistance for HDFC Life over the past four years. The stock is once again nearing this critical breakout point. A move above ₹750 would mark a multi-year breakout, indicating strong potential for further gains. Add this stock to your watchlist.

3. Max Healthcare Ltd:

Since its IPO, Max Healthcare has been a consistent performer. The 20-week moving average has historically acted as a strong support level. The stock is currently undergoing healthy consolidation near this average, suggesting the possibility of upward momentum in the coming weeks. Keep the stock in your watchlist.

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Disclaimer: The views expressed in this article are intended for educational purposes only and should not be considered as buy/sell recommendations. Investing in stocks involves financial risk. Please consult a qualified financial advisor before making any investment decisions.