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

business
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Moneycontrol•07-12-2025, 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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