Polycab stock surges over 13% in 8 sessions, breaks out of 3-month consolidation zone. Time to buy?

Polycab stock surges over 13% in 8 sessions, breaks out of 3-month consolidation zone. Time to buy?

Shares of Polycab India, a leading manufacturer of electrical wires and cables, resumed their upward momentum in the last few sessions and witnessed a breakout after consolidating in a narrow range for nearly three months. The stock surged 13.14% in the past eight trading sessions, rising from ₹6,475 to ₹7,326 apiece. Polycab shares jumped nearly … Read more

Breakout stock: Zomato share price sees range breakout; analysts expect up to 18% upside

Breakout stock: Zomato share price sees range breakout; analysts expect up to 18% upside

Zomato share price hit its record high level of ₹286.50 apiece in early deals on Friday, extending gains for the seventh straight session. However, Zomato shares cooled off from the high levels and declined over 2%. Zomato stock price has rallied over 7% in one week and has surged more than 50% in the past … Read more

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today

Breakout stocks to buy or sell: Following a sell-off in the global markets on renewed US recession fear, the Indian stock market snapped its five-day winning steak on Friday. The Nifty 50 index crashed 311 points and closed at 24,699. The BSE Sensex tanked 885 points and ended at 80,981, whereas the Bank Nifty index … Read more