Domestic equities ended largely flat on Friday as the monetary policy outcome matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee. However, the downward revision in growth forecasts and a calibrated inflation outlook triggered profit booking as investors reassessed near-term demand and earnings prospects.
Adani Green: Buy | CMP: Rs 1,525.7 | Stop loss: Rs 1,430 | Target: Rs 1,717
Adani Green Energy is trading at a CMP of Rs 1,525.7. The stock is trading above all major EMAs, confirming a strong bullish trend. The RSI remains in positive territory, indicating healthy momentum, while sustained volume participation supports the ongoing upmove. Price action continues to form higher highs and higher lows, reflecting strong buying interest.
Virat Jagad, Senior Technical Research Analyst, Bonanza Portfolio
KIMS: Buy | CMP: Rs 789 | Stop loss: Rs 745 | Target: Rs 877
Krishna Institute of Medical Sciences is trading at a CMP of Rs 788.95. The stock is positioned above all key EMAs, indicating a strong bullish structure and positive trend alignment. The RSI remains above the neutral zone, reflecting sustained momentum, while increased volume participation near resistance signals strong buying interest. Price action continues to form higher highs and higher lows, with the stock attempting a breakout above a key resistance zone.
