Daily Trading Desk: Two trades for short term gains, a power stock for 5% rise & FMCG major for 7% gains
Synopsis The markets extended their gains but faced resistance at key levels, with the Nifty ending up by 104.70 points. Tata Power shows potential for a breakout from its consolidation range, while Honasa Consumer has broken out from its horizontal trendline resistance, indicating a possible 7% rise in stock price. There was a smart extension…
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