The Economic Times’ Thursday stock guide repeated Astra Microwave’s trade levels on Neogen’s card, although its commentary placed Neogen near ₹2,770 and resistance around ₹2,810.
The guide, published Wednesday, Nov. 11, for the next day’s trading, listed Astra Microwave Products Ltd. at ₹1,727, with a ₹1,620 stop loss and a ₹1,940 target. The Neogen Chemicals Ltd. card repeats all three numbers. Yet its accompanying description places Neogen near ₹2,770 and resistance around ₹2,810. The Neogen card lists the same entry, stop-loss and target figures as Astra Microwave, despite the guide’s separate description of Neogen near ₹2,770 and resistance around ₹2,810.
The Economic Times attributed Astra and Neogen’s technical analysis to Sachin Gupta, vice president of technical research at Choice Equity Broking Agencies. The guide listed Central Depository Services (India) Ltd. (CDSL) at ₹1,408, with a ₹1,335 stop loss and a ₹1,554 target, and credited that call to Choice Equity Broking. Its brokerage naming differs across the entries.
For Astra, the guide said Gupta’s chart analysis pointed to a move above moving-average levels and cited a support range of ₹1,500 to ₹1,540. Its CDSL discussion also described a move above moving-average levels. The guide does not explain why the Neogen card carries Astra’s figures.
National Stock Exchange of India data showed the Nifty 50 ended Nov. 11 at 25,255.05, up 0.84%. The Nifty Smallcap 100 gained 1.59%, while the Nifty IT index fell 0.53%, giving the session a mixed result across market segments.
The Ministry of Statistics and Programme Implementation (MoSPI) scheduled India’s October consumer price index release for Thursday, Nov. 12. The U.S. Bureau of Labor Statistics scheduled the October Producer Price Index for Friday, Nov. 13, at 8:30 a.m. ET.
The Economic Times’ disclosure said it reproduced the recommendations from brokerage research and advised readers to consult the original research.
