Tag: intraday trading

Breakout stocks to buy or sell: The Indian benchmark indices closed lower on Monday, December 29, led by muted trading volumes and the lack of directional triggers, indicating a possible near-term consolidation. Sensex declined for the fourth session straight, shedding 345.91 points, or 0.41%, to end at 84,695.54. Meanwhile, the NSE Nifty 50 closed in…

Breakout stocks to buy or sell: The Indian stock market closed the holiday-shortened week on a cautious note, with mild profit booking emerging near lifetime highs amid thin trading volumes and persistent FII outflows. Despite the marginal decline, the broader market structure remains constructive, underpinned by strong domestic institutional participation, resilient earnings expectations, and stable…