While the overall market may remain in a consolidation mode for some time, there is potential for noteworthy stock-specific movements in the near term. In light of this, three stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.
Bank Nifty has grappled with underperformance in the past 5 years compared to the benchmark Nifty50. The banking index recorded a growth of 78%, notably trailing behind Nifty50, which witnessed a 96% surge during the same period.