Our opinion is to wait for a fresh entry. Let the stock correct till Rs 95 odd levels and then we can buy for higher levels of Rs 130-150 in the next 6-8 months. Hence, we recommend waiting for some correction and then buying at lower levels of Rs 95 and more on dips of Rs 85 with a stop loss of Rs 75 on a weekly closing basis on the upside, we can see levels of Rs 130-150 in the next 6-8 months.
These 12 midcap stocks hit fresh 52-week highs; rallied up to 27% in a month
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.
September 12, 2024