What’s in Today’s Newsletter? 😉

Hey, everyone! Welcome to today's Community RIP. Here's a preview of everything we'll be covering in today's edition.👇🏻

• Win A GOA Trip 😉

• Breaking Down the Nifty50 Chart  💪🏻

• Positional Trade Setup: JSW Steel 💥

• Expert’s Take: Bank of Baroda 🚀

• Stocktwits Originals: 5 Stocks to Buy in May 2024 🍿

Win a GOA Trip 😉

#GoaWithStocktwits Join the Stocktwits League and stand a chance to win a trip to Goa + other exciting prizes! 🏖️

Predict the closing prices of selected stocks for each day and you could win a trip to Goa for 2 along with other fabulous prizes! Simply submit your predictions before the cutoff time each day! 💥

Breaking Down the Nifty50 Chart 💪🏻

On May 3, the Nifty50 reached a new all-time high of 22,795. Since then, there has been a dip in the charts. But does that mean we are headed into a bear market? 

SEBI RA - Bharat Sharma, also known as Stock Ace, shared an in-depth analysis on Nifty. Check out his complete post here on Stocktwits to learn where the Nifty50 is headed! 👇🏻

Positional Trade Setup: JSW Steel 💥

SEBI RA Vipul Ramaiya shared an excellent risk/reward trade setup on Stocktwits. He is bullish on JSW Steel. Although the stock is down 3% this year, it gave a decent 17% returns in the last 1 year. 🚀

As per his analysis, the stock is consolidating near the prior all-time high, showcasing a bullish sign. Thereby, Vipul recommends a BUY on the stock. Check out the target and stop-loss here. 👇🏻

Expert’s Take: Bank of Baroda 🚀

Bank of Baroda has surged by 41% over the past year, proving to be a consistent performer for its investors among PSU stocks. But what's next for this stock? 📈 

SEBI RA NeoTrader recently shared chart analysis on Bank of Baroda, suggesting bullish strength. According to his analysis, the weekly chart indicates RSI support, showcasing resilience amid broader market volatility. Discover the target and stop loss details here on Stocktwits. 👇🏻

Stocktwits Originals 🍿

Markets are currently trading near their all-time highs, and considering the momentum, which stocks should be on your radar?

In our recent video, we covered 5 stock picks that could potentially see significant upside in May. SEBI RAs shared their analysis and insights on stocks like UltraTech, Bank of Baroda, etc. 👇🏻

Get In Touch

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Disclaimer: Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. Read the full terms & conditions here.