Neutral impactStocks
Stocks to buy: 23,800–23,600 crucial support for Nifty, says Anand Rathi's Jigar Patel, suggests 3 stock picks
Mint 1 hr ago·7 Sept 2026, 3:34 am
Anand Rathi's Jigar Patel has flagged the Nifty index's 23,800–23,600 zone as a critical support level. He suggests this area could act as a floor for the market, presenting a potential entry point for investors. The analyst recommends focusing on three specific stocks that he believes are well-positioned to benefit from this market stability.
This technical view is significant for retail investors as it highlights a potential buying opportunity during a period of high volatility. By identifying specific stocks that may perform well if the index holds this support, Patel offers a strategy to navigate uncertain market conditions. Investors should monitor the index's reaction to this support level closely.
Moving forward, the key indicator to watch is whether the Nifty can firmly hold above the 23,800 mark. If it does, it could signal a rebound, validating the analyst's bullish outlook for the suggested stocks. Conversely, a decisive break below this support could lead to further downside, requiring a re-evaluation of the investment strategy.
Key takeaways
- Category: Stocks.
Why it matters
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