Stock Market Live Updates May 23, 2024: Stock to buy today: CIE Automotive India

Sensex, Nifty, Share Prices LIVE: The outlook is bullish for CIE Automotive India. The stock has made a bullish breakout by surging over 6 per cent on Wednesday. This surge has taken the share price well above the key resistance level of ₹510. This level has been capping the upside since October last year. So, the breakout is very significant. Any intermediate dips will now be limited to ₹510 as fresh buyers are likely to come into the market. CIE Automotive India share price can rise to ₹580 in the coming weeks.