Trade Spotlight: How should you trade LIC, Angel One, Bharti Airtel, CG Power and others?

About this update from Clean Science & Technology Ltd.

The benchmark indices ended the session on May 15 in the red, with about 1,338 shares advancing and 915 shares declining on the NSE. The market seems to be in a consolidation phase for now. Here are some trading ideas for the near term.Rupak De, Senior Technical Analyst, LKP SecuritiesAngel One | CMP: Rs 2,700The stock has risen after two days of consolidation on the daily chart, indicating increased bullishness. Furthermore, it has surpassed the critical 21EMA on the daily timeframe, indicating a positive price trend for the short term. Additionally, the RSI is showing a bullish crossover.Strategy: BuyTarget: Rs 2,900Stoploss: Rs 2,600Bharti Airtel | CMP: Rs 1,316The stock has experienced a consolidation breakout on the daily chart, suggesting a rise in optimism. It has been sustaining above the critical 21EMA for the last few days, indicating a positive price trend for the short term. Additionally, the RSI is showing a bullish crossover.Also Read: Trading Plan: Will Nifty, Bank Nifty consolidate further?Strategy: BuyTarget: Rs 1,350 - 1,385Stoploss: Rs 1,274BPCL | CMP: Rs 625 The stock is poised for a breakout from a consolidation phase, accompanied by volume-based buying. It has found support at its 20DMA, situated at the level of 608, serving as a cushion against declines. Furthermore, the positive crossover on the momentum indicator RSI validates the buy signal, indicating potential upward movement.Strategy: BuyTarget: Rs 650 - 670Stoploss: Rs 600Jigar S Patel, Senior Manager, Equity Research, Anand RathiCyient | CMP: Rs 1,756After experiencing a correction of approximately 500 points, translating to a significant 24 percent decline, Cyient has now reversed its trajectory from the previous support level of 1700. Notably, this support level aligns with the lower Bollinger band, suggesting a potential bounce back, especially considering the bullish crossover observed on the stochastic indicator at the daily scale, indicating an attractive opportunity.Strategy: Consider buying within the range of Rs 1735 - 1765Target: Rs 1,900Stoploss: Rs 1,675Aether | CMP: Rs 830Following a correction of roughly 60 points, equating to a notable 7 percent downturn, Aether has shifted its course away from the prior support mark of 800. This support level notably coincides with the lower Bollinger band, implying a potential rebound, particularly given the bullish crossove...

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