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Top trading ideas by CapitalVia Global Research: Buy Adani Green, Thermax

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

Top trading ideas by CapitalVia Global Research: Buy Adani Green, Thermex
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Gaurav Garg Mumbai
Nifty View
 
Nifty has been trading near 11,900 level. From the last four trading sessions, however, it is making newer highs and has closed at 11,913. In Wednesday’s trade the index demonstrated a range bound movement within 11,880 and 11,950 levels. Moving forward, we are expecting a bullish movement of Nifty towards 12,000 and the level of 11,900 will continue remain support.
 
Stock recommendation
 
BUY ADANI GREEN
 
CMP: Rs 52
 
Target: Rs 65
 
Stop Loss: Rs 44
 
The stock is in a continuous bullish trend. The level above 52 would also result into a multiple breakout on the charts as

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