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Sumeet Bagadia of Choice Broking Identifies INDIGO, COALINDIA and L&T as Potential Buys on Monday

Sumeet Bagadia, Executive Director at Choice Broking, has identified three stocks as potential buys for Monday, February 24, 2025:

InterGlobe Aviation (INDIGO):
- Entry Point: Current market price.
- Target Price: ₹2,200.
- Stop Loss: ₹2,050.
- Rationale: IndiGo has demonstrated robust performance, and technical indicators suggest a potential upward movement towards the target price.
Coal India (COALINDIA):
- Entry Point: Around ₹220.
- Target Price: ₹240.
- Stop Loss: ₹210.
- Rationale: The stock is showing signs of bullish momentum, with technical analysis indicating a possible rise to the target level.
Larsen & Toubro (L&T):
- Entry Point: Current market price.
- Target Price: ₹2,500.
- Stop Loss: ₹2,350.
- Rationale: L&T's stock exhibits strong technical patterns, suggesting a potential increase towards the specified target.

Note: These recommendations are based on technical analysis and prevailing market trends. Investors should conduct their own due diligence and assess their risk tolerance before making investment decisions.

Source: Mint Markets

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