Nifty surged nearly 9% since March 2023 on the back of positive global cues, strong FIIs inflow, low inflation and lower raw material prices. Meanwhile, MarketSmith has a positive view on some stocks that it believes are near the buy point. According to MarketSmith data, these stocks include Ashok Leyland, MRF and Wendt India. Here is a list of 5 stocks that are near the buy point, as listed on MarketSmith: