Ajit Mishra of Religare Broking likes Muthoot Fin, IGL. Time to buy & hold

Indraprastha Gas Limited

Recommendation: Buy

Last Close: 524.75

Initiation range: 520-525

Target: 550

Stop loss: 510

IGL has been consolidating in a range for the last three months while holding firmly above the support zone of the long-term moving averages. The chart pattern, combined with the recent surge in volumes, indicates the possibility of a steady rise from hereon. We thus advise creating fresh longs in the mentioned zone.

Nippon Life India Asset Management Limited

Recommendation: Buy

Last Close: 367.50

Initiation range: 360-365

Target: 390

Stop loss: 350

It has witnessed a breakout from a triangle pattern (usually act as continuous) with