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So, what we think is that the price correction is largely done. We could see small bit here and there, maybe around 23,500 but then the risk return gets favourable, but the time correction can happen because markets would look at Q3 earnings which are going to be weak as we see right now. And then the outlook for Q4 should get better and that will be the base for next year.
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News and Media
Angel One shares have experienced a significant correction, dropping nearly 14% over the past two weeks and 8% in the last week. After reaching a recent high of Rs 3,500, the stock is now trading around Rs 2,900.
Category:
News and Media
So, yes, there is a breadth improvement in the market and that is why I am expecting market to recover from here and the stop loss should be at 23,650 in spot.
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News and Media
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