GAGA Share Market News

[hfe_template id='11223'] [ad_1] Short- to medium-term investors can look to buy the dip for a target of Rs 650-670 in 3-4 weeks, suggested experts. Synopsis After rising over over 50% in the last 1 year, the hotel stock has underwent mild time-wise correction since April and is stuck in a range where 622 acted as a stiff resistance on the upside while 500 acted as a support. The recent momentum has lifted the stock to hit a fresh record high of Rs 626 on June 18, 2024, but it lost its steam on Wednesday, in line with the market trend. However, dips towards 605-610 can be used as a buying opportunity, and a close above 622 will take it towards 650 levels. Indian Hotels hit a fresh record high in June but witnessed mild consolidation thereafter in this week but experts are of the view that the uptrend is still intact. Short- to medium-term investors can look to buy the dip for a target of Rs 650-670 in 3-4 weeks, suggested experts.The hotel stock has risen over 50% in th...

[hfe_template id='11223'] [ad_1] The stock could see mild profit-taking as it is trading around overbought levels, but experts see the stock as a good medium-term pick. Synopsis The stock rose from Rs 929 on April 30, 2024, to Rs 1,039 on May 31, 2024, which translates into an upside of 11.8% in a month. The stock quickly scaled Rs 1,100 levels in Monday's intraday trade. The momentum helped the stock break out from the Descending Triangle Formation on the daily chart. The breakout was confirmed with strong volumes, which is a positive sign for the bulls. Adani Total Gas witnessed swift price action in the last one month, pushing the stock above the Descending Triangle formation on the daily chart.The breakout has allowed the stock to reach the 1,100 level in the near term and could retest its 52-week high in 3-4 months, suggested experts.The stock rose from Rs 929 as of April 30, 2024, to Rs 1,039 as of May 31, 2024, which translates into an upside of 11.8% in a mon...