Top Stock Picks: Angel One Selects Petronet LNG As Its Stock Of The Week; Other Cash Buy Ideas

Indices in trade on Monday despite mixed global cues and Hang Seng sinking by over 1% is trading in the green, with Nifty above 16,300. Meanwhile, broader markets are still outperforming with Nifty mid cap up by over 0.75%.

Likewise, Angel One has come up with the Top Pick of the week and has given a Buy recommendation on oil drilling and exploration entity. The recommended buy price on the stock is Rs. 227-228 and the target is Rs. 245. Stop loss suggested for the trade is Rs. 217.8 per share.

Intra-day cash buy ideas for May 23, 2022

Angel one-the acclaimed brokerage has come up with Intraday Cash 'Buy' ideas and the 3 'Buy' recommendations are as below:

Intra-day Cash Buy idea	Buy price	Target price	Stop loss
Godfrey Phillips	Rs. 1249.2- 1252.1	Rs. 1305	Rs. 1221
Indigo	Rs. 1715-1716	Rs. 1795	Rs. 1670
Adani Enterprises	Rs. 2198-2200	Rs. 2248	Rs. 2170