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.
Intel’s $100 billion April rally makes it market’s hottest stock
Intel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string