Experts suggest that UNO Minda, a part of the auto component sector, has broken out from a symmetrical triangle pattern on the weekly charts, leaving room for the stock to hit fresh record highs in the next three months. Short to medium-term traders may want to purchase the stock now, or on minor dips, with a target of Rs 690, they say.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to