Weak Market, Strong Picks: Bandhan Bank & Suzlon Energy Strategies Revealed!
Business
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Moneycontrol•12-01-2026, 08:07
Weak Market, Strong Picks: Bandhan Bank & Suzlon Energy Strategies Revealed!
- •Indian stock markets closed lower on January 9, with Nifty 50 down 0.75% and Sensex down 0.72%, indicating widespread selling pressure.
- •FIIs have been net sellers for four consecutive sessions, with over Rs 5,760 crore outflow in January due to global concerns and geopolitical tensions.
- •Aditya Thukral of AT Research & Risk Managers recommends strategies for Bandhan Bank and Suzlon Energy for potential earnings this week.
- •Bandhan Bank shows a clear downtrend; strategy involves buying 150 PE (Jan 27 expiry) at Rs 5.5, targeting Rs 11/15 with a stop-loss at Rs 3.
- •Suzlon Energy is in a correction phase with a bearish flag pattern; strategy involves selling futures (Jan 27 expiry) around Rs 50.6, targeting Rs 46/43.5 with a stop-loss at Rs 52.60.
Why It Matters: Despite a weak market, expert Aditya Thukral suggests specific strategies for Bandhan Bank and Suzlon Energy.
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