INDIA - Budget 24 Trading Strategy : Three stocks that have the perfect .

It appears that accessing the specific "Budget 24 Trading Strategy" and the three recommended stocks for trading on Budget Day is currently not possible. Here is a general approach you can use based on common trading strategies around significant market events like budget announcements: 1. Understand Sector Impact: Budget announcements often significantly impact certain sectors. Infrastructure, finance, and consumer goods are usually the most affected. Analyzing past budgets can provide insights into which sectors might benefit. 2. Stock Selection: Look for stocks within these impacted sectors that have shown resilience or strong performance leading up to the budget. Companies with strong fundamentals and positive market sentiment are good candidates. 3. Technical Analysis: Use technical indicators to identify potential entry and exit points. Indicators like moving averages, Relative Strength Index (RSI), and Bollinger Bands can help determine the right time to trade.

● Here are three hypothetical stocks based on these criteria: ● 1. Larsen & Toubro (L&T): An infrastructure giant that typically benefits from increased government spending on infrastructure projects. Watch for announcements related to infrastructure funding and projects. 2. State Bank of India (SBI): As a major public sector bank, SBI might see positive movements if there are announcements related to banking reforms, financial inclusion, or measures to boost credit growth. 3. Hindustan Unilever (HUL): A leading consumer goods company that could benefit from measures aimed at increasing consumer spending or rural development schemes. ☆ Always ensure to do thorough research and consider consulting with a financial advisor before making any trading decisions, especially around volatile events like budget announcements. 💗 https://www.moneycontrol.com/news/business/markets/budget-24-trading-strategy-three-stocks-that-have-the-perfect-pitch-for-trading-on-budget-day-12770376.html