
India’s core energy pulse: three stocks that are ready to surge, recommended by Ankush Bajaj
Subscribe to enjoy similar stories. Here are three energy sector stocks to buy for your portfolio: Buy at: ₹216.40 | Target: ₹230-235 | Stop loss: ₹208 The MACD line stands at 1.32, currently above the signal line, indicating a bullish crossover and suggesting potential upward momentum. The recent trading volume exceeds the 30-day average, reflecting heightened trading interest and supporting the ongoing trend momentum.
Adx at 30 shows bullishness in this stock. Also, the RSI on the Daily chart is above 60, showing strong momentum. Buy at: ₹183 | Target: ₹210-215 | Stop loss: ₹172 The stock has given a falling wedge pattern breakout with strong volumes.
Additionally, the RSI is above the 60 level, suggesting that the momentum is likely to continue. Buy at: ₹154 | Target: ₹174-178 | Stop loss: ₹142 The stock has given a head and shoulders breakout at ₹148 and is now trading at ₹153, providing confirmation of the breakout. The RSI is trending upwards and the MACD line is also in positive territory, indicating strong momentum and the potential for a good rally in this stock.
The Indian stock market remained stuck in a tight range on Thursday, 28 March, as early optimism faded amid persistent resistance at higher levels. Despite a slight gap-up opening, the indices struggled to maintain momentum, oscillating within a defined range throughout the session. With buyers and sellers locked in a battle for control, market participants adopted a cautious approach, awaiting a decisive breakout.
The BSE Sensex managed to go down by 191.51 points (0.25%), closing at 77,414, but failed to hold on to its early strength. The NSE Nifty 50 fell by 72.60 points (0.31%), settling at 23,519.35, reflecting the ongoing uncertainty. Meanwhile,
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