infoedge

Breakout Stocks: How are Cipla, Zomato and InfoEdge looking on charts for Monday’s trade?

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Breakout Stocks: How are Cipla, Zomato and InfoEdge looking on charts for Monday’s trade?

Indian market bounced back after falling for 3 consecutive days on Friday. The S&P BSE Sensex rose nearly 500 points while the Nifty50 managed to close above 19500 levels. Sectorally, buying was seen in IT, telecom, energy and realty stocks while some selling was seen in public sector, auto, power and utilities. Stocks that were … Read more

Chart Check: Info Edge back above 200-DMA on daily charts; near term target seen at Rs 4,400

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Chart Check: Info Edge back above 200-DMA on daily charts; near term target seen at Rs 4,400

Info Edge, part of the consumer services industry, might be down by about 16% from August 2022 highs but recent price action suggests that bulls are not ready to give up yet and the stock could well surge past Rs 4,000-4,400 levels, suggest experts. The stock hit a 52-week high of Rs 4,624 on 26th … Read more