Buy or sell: Top stock trading ideas by Hadrien Mendonca & Prabhudas Liladher

Hadrien Mendonca of IIFL recommends buying V-Guard Industries with target at Rs 276 and stop loss at Rs 232 and a buy also on Yes Bank with target at Rs 348 and stop loss at Rs 306.

Moneycontrol News

April 20, 2018 / 09:17 IST

The benchmark index Sensex gained 15 percent in the last 1-month. Moneycontrol tried to find out the stock which is in momentum trades and outperformed the benchmark index but still trading 70 percent below their 52-week high. From the BSE 500, 10 stocks make the cut. Data Source: ACE Equity.

26 Aug, 2025 12:21

Volume

Todays L/H

The Nifty which started with a gap on the higher side reclaimed its crucial psychological resistance level of 10550 on Thursday but closed around its opening level making a ‘Doji’ kind of pattern on the daily charts.

The pattern also closely resembles a ‘Harami Cross’ which is a two-candlestick pattern in which the first candle is a large candle which is followed by a ‘Doji’ candle. The pattern suggests that the previous trend may be about to reverse.

However, in Thursday’s session, we saw a formation of a Doji candle after a bearish candle but the trend is unlikely to shift unless 10500 is broken on the downside convincingly, suggest experts.

The Nifty which opened at 10563 rose to an intraday high of 10,572. It hit an intraday low of 10546 before closing the day at 10565, up 39 points.

As market breadth is picking up traders are advised to shift their focus on stock specific opportunities. On the index, a break below 10500 could fuel selling pressure while a break out above 10630 shall extend the rally.