Technical Breakout Stocks: How to trade EIH, YES Bank & Adani Green on Thursday

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Key Points

With all eyes waiting to hear RBI Governor Shaktikanta Das on Thursday morning, Nifty on Wednesday ended just 1 point higher as profit-taking in IT stocks and sluggish global indices weighed on the sentiment...

Buying was seen in media, PSU banks and realty stocks while Nifty IT ended 1.25% lower..

SBI ended 4% higher while TCS, Infosys and Tech Mahindra ended 1-3% lower...

In the 15 minutes chart, it has also broken out of a Flag Pattern, which is aiming at targets of Rs 440 & Rs 448 levels in the coming few days...

Adani Green has broken out of a Rising Channel pattern and entered 52-week-high levels..

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