ETMarkets Smart Talk | Nifty in overbought zone; Vaishali Parekh’s 3 stock ideas for next week
Market has definitely gone in an overbought zone, but still there is inherent strength witnessed on the daily chart. There is an Inverted Head and Shoulder pattern, which has a projected target of around 19,900-20,000 levels and after a short consolidation or correction can further regain strength.