Breakout Stocks: How to trade BSE, Prestige Estates and Adani Total Gas on Thursday

Breakout Stocks: How to trade BSE, Prestige Estates and Adani Total Gas on Thursday

Indian market closed in the red for the fifth consecutive day on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 500 points while the Nifty50 closed below 19,200 levels. Sectorally, selling was seen in IT, telecom, utilities, capital goods, and power stocks while the metal space saw some buying pressure. Stocks that … Read more

Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Prestige Estate Ltd, part of the real estate sector, has rallied more than 20% in a month, and the chart structure suggests that bulls are here to stay. Short term traders can look to buy the stock on dips for a possible target of Rs 800-850 in the next 3-4 weeks, suggest experts. The stock … Read more

Hot Stocks: Brokerage view on ONGC, Oil India, Delhivery, Indigo, and Prestige Estate

Hot Stocks: Brokerage view on ONGC, Oil India, Delhivery, Indigo, and Prestige Estate

Brokerage house Morgan Stanley is positive on ONGC, and Oil India, while Macquarie has an outperform rating on Delhivery. Axis Capital upgraded Indigo to buy, and Jefferies maintained a buy rating on Prestige Estate. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Energy stocks: … Read more