The consolidation and rangebound trading may continue until the frontline indices decisively surpass the recent swing high. Below are some short-term trading ideas to consider.
Vietnam holds a 19 percent share in the U.S. ready-made garment market, while Bangladesh holds for 9 percent and India follows with 6 percent.
Glenmark is in an extreme overbought zone as per RSI range shift rules. Hence, Sudeep Shah of SBI Securities believes it is likely to slide into the period of consolidation for the short term.
Sharekhan is bullish on KPR Mill has recommended buy rating on the stock with a target price of Rs 1287 in its research report dated June 05, 2025.
The RBI interest rate decision may provide direction to the market in the upcoming session. Below are some short-term trading ideas to consider.
Stocks to Watch, 22 May: Stocks like NBCC (India), Jindal Poly Films,Hindustan Zinc,Data Patterns (India), Zinka Logistics Solutions, KPR Mill, Aarti Industries, Birlasoft, Hindustan Copper, Gallantt Ispat, Geojit Financial Services, Teamlease Services, Mankind Pharma, Astral, GMM Pfaudler, Rail Vikas Nigam, IRCON International, VA Tech Wabag, and Oil India will be in focus on May 22.
KPR Mills' promoters, Chairman KP Ramasamy, and Managing Directors KPD Sigamani and P Nataraj are likely the sellers in the block trades.
The three promoters alone held a little over 61 percent stake in the company, as on March 31, 2025.
The market mood is likely to remain upbeat in the upcoming session. Below are some trading ideas for the near term.
Sharekhan is bullish on KPR Mill has recommended buy rating on the stock with a target price of Rs 1053 in its research report dated February 12, 2025.
The market may see some rangebound trade after Friday's rally, though the overall trend remains positive, given the decline in the VIX. Below are some trading ideas for the near term.
Promoter K P Ramasamy sold 10.5 lakh shares in KPR Mill for an average price of Rs 925.12. As of June 30, had a 21.37 percent stake in the company.
The Nifty 50 is likely to remain rangebound, though the overall trend remains positive. Below are some trading ideas for the near term.
Sharekhan is is bearish on KPR Mill has recommended sell rating on the stock with a target price of Rs 965 in its research report dated May 06, 2024.