Top 4 stocks to buy ahead of Karnataka election verdict which could give up to 10% return in 1 month

Karnataka election outcome would be the major trigger for the market in the coming week, and If NDA wins with a clear majority, then there are chances Nifty could scale up towards 11,000 levels in May series itself, Rajesh Palviya, Head – Technical & Derivatives Analyst, Axis Securities said in an exclusive interview with Moneycontrol’s Kshitij Anand.Karnataka election outcome would be the major trigger for the market in the coming week. The market has already discounted the positive side of the election outcome in prices.

In case of any negative surprise, we may see corrective action taking Nifty to the levels of 10,550-10,400 over the coming weeks. If NDA wins with a clear majority, then there are chances Nifty could scale up towards 11,000 levels in May series itself.

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