Economic Times•Today at 05:15
Market Trading Guide: Buy MCX, Adani Energy Solutions and 2 more stocks on Wednesday for short-term gains of up to 11% - Nifty outlook
Nifty ended with cuts on Monday, dragged by auto, IT and consumer stocks after negotiations between Iran and the US ended without any outcome. Buy MCX at Rs 2,765 | Upside: 11% | Stop Loss: Rs 2,625 | Target: Rs 3,059 MCX is exhibiting a strong bullish structure, consolidating within a rising channel and now attempting a breakout above the upper trendline. (Vatsal Bhuva, Technical Analyst at LKP Securities) Buy Adani Energy Solutions at Rs 1,176 | Upside: 5% | Stop Loss: Rs 1,135 | Target: Rs 1,235 The stock has witnessed a strong breakout, followed by sustained buying interest, indicating strength in the ongoing upward move.
