MediumNeutral
Announced Sun, 12 Jul · 11:05 IST
From Kalyan Jewellers' 52-week high to Trent's reality check: LKP Securities' top trading ideas
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
LKP Securities outlines top trading ideas as the Nifty broke its four-week winning streak after Trump revived strikes on Iran, but recovered with a bullish Harami pattern forming on the daily chart, keeping short-term sentiment positive above 23,800. The Nifty IT index rose 2 percent during the week but faced stiff resistance at the 50 EMA placed at 28,454. Among individual stocks, Kalyan Jewellers rallied to a fresh 52-week high ending around 25 percent up, while Trent slumped 13 percent in a week after a weak Q1 update. Top buy ideas include ICICIBANK with target of 1470, ASTERDM with target of 868, and MINDACORP with target of 745.