Ashish Kyal, the founder of Waves Strategy Advisors, has recommended Poly Medicure and Fortis Healthcare as key buy options for Muhurat trading.
Poly Medicure has recently shown a strong upward trend by breaking out of a rounding bottom pattern and consistently staying above the previous day's low since October 28.
Kyal has expressed concerns about the Nifty index, predicting that it may drop below its August low of 23,893, which is only 300 points away. He expects a potential decline towards the target level of 23,300 based on the Head & Shoulder pattern.
With his extensive experience in capital markets, Kyal's insights suggest that investors may face challenges at the start of Samvat 2081.