Market Trading Guide: Buy CarTrade, CDSL and 3 more stocks on Thursday for up to 12% gains
Headline index Nifty continued its positive run for the third day in a row on Wednesday led by buying action in IT and auto stocks. The index has moved above the 21EMA, confirming the prevailing uptrend.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the index has continued to rally higher following a retest of the falling channel breakout on the daily chart. “The sentiment might remain positive in the short term, with the index potentially reaching 26,000. On the lower end, immediate support is placed at 25,700," De said.Here are 5 stock recommendations for Thursday: Stock Ideas
Headline index Nifty continued its positive run for the third day in a row on Wednesday led by buying action in IT and auto stocks. The index has moved above the 21EMA, confirming the prevailing uptrend.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the index has continued to rally higher following a retest of the falling channel breakout on the daily chart. “The sentiment might remain positive in the short term, with the index potentially reaching 26,000. On the lower end, immediate support is placed at 25,700," De said.Here are 5 stock recommendations for Thursday: Stock Ideas
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