Hot Stocks | Nifty eyes new milestones; these two stocks can give up to 11% return in next 3-4 weeks

Due to the tensions between the US and Iran, we saw a massive cut of nearly two percent in Nifty which fell to test sub-12,000 levels.

Fortunately, things cooled off as no follow-up action was seen from both countries thereafter. This resulted in a v-shape recovery in our market.

Eventually, Nifty managed to close in the positive territory and now, is readying for testing new milestones.

The action-packed week with wild swings finally ended in the favour of mighty bulls and we are going by the famous phrase ‘all is well that ends well’. The wider smile is back on the faces of market participants.

Last Friday, Nifty continued its northward trajectory and with the help of a complete gush, it managed to clock fresh record highs beyond 12,300.

However, due to decent profit-booking in the latter half, Nifty came off considerably from highs but not to worry, the overall structure still looks sturdy.