Sudeep Shah is the Head - Technical and Derivatives Research at SBI Securities
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Moneycontrol07-12-2025, 07:28

Shah: Avoid IndiGo bottom-fishing; picks Cholamandalam, PB Fintech for next week

  • Sudeep Shah advises avoiding bottom-fishing in IndiGo after a 9% slide, citing trend weakness and bearish momentum.
  • He recommends Cholamandalam Investment and PB Fintech for next week, highlighting bullish signals and strong uptrends.
  • Nifty 50 shows a positive bias, aiming for 26,350-26,500, while Bank Nifty is poised to extend gains towards 60,400-61,000.
  • Indus Towers broke out of its trading range with strong indicators, suggesting potential for further near-term gains.

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