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Trade Spotlight: Expert stock recommendations and short-term trading ideas
M
Moneycontrol•19-10-2026, 08:22
Trade Spotlight: Expert stock recommendations and short-term trading ideas
- •Lemon Tree Hotels is recommended for a buy around Rs 113.5-113 with targets of Rs 125 and Rs 128, backed by strong support and improving momentum.
- •Supreme Industries shows strong demand near the Rs 3,595-3,590 zone, with expected targets reaching up to Rs 3,880.
- •Nykaa broke out of a symmetrical triangle pattern on the upside, with a target price of Rs 366 and a stop-loss at Rs 336.
- •Indian Hotels is poised for an upmove toward Rs 846 after breaking out from a bullish flag pattern with high volume.
- •Info Edge India has completed its correction and resumed its primary uptrend, presenting a target of Rs 1,323.
Key Questions Answered
Analysts recommend buying Lemon Tree Hotels around Rs 113.5-113 with a stop-loss set at Rs 103.5 and targets of Rs 125 and Rs 128.
Indian Hotels has formed a Bullish Flag pattern after consolidating between Rs 700 and Rs 740 for two months, with experts suggesting an equality target of Rs 846.
Supreme Industries has a strong cushion and buying interest in the Rs 3,290-3,200 band, with a recommended buy strategy around Rs 3,595-3,590, targets at Rs 3,870 and Rs 3,880, and a stop-loss at Rs 3,370.
