Ashwani Gujral of ashwanigujral.com recommends buying HDFC with a stop loss of Rs 1890, target of Rs 1950 and UPL with a stop loss of Rs 818, a target of Rs 845 and has a buy also on Adani Ports with a stop loss of Rs 440, a target of Rs 465.
The Nifty futures on the Singaporean stock exchange were trading higher by around 13.5 points at 11,089, a rise of around 0.12 percent. This indicates that the domestic market is likely to open on a positive note.
Ashwani Gujral of ashwanigujral.com
Buy Nifty future with a stop loss of 11,050, target of 11160
Buy Bank Nifty future with a stop loss of 27,272, target of 27,630
Sell Can Fin Homes with a stop loss of Rs 450, target of Rs 425
Sell Tata Motors with a stop loss of Rs 408, target of Rs 390
Buy HDFC with a stop loss of Rs 1890, target of Rs 1950
Buy UPL with a stop loss of Rs 818, target of Rs 845
Buy Adani Ports with a stop loss of Rs 440, target of Rs 465
Prakash Gaba of prakashgaba.com
Technically, the bar generated is an indecisive bar and I expect a large range day unfolding either up or down and I would still maintain that our target of 11,139-11,169 still stands valid as long as 11,000 holds.
However, crucial support to watch for the next trading session is 11,040 and the resistance is at 11,139-11,169-11,244.
Buy Apollo Tyres with target at Rs 278 and stop loss at Rs 264
Buy Berger Paints with target at Rs 265 and stop loss at Rs 250
Buy Exide Industries with target at Rs 245 and stop loss at Rs 226
Buy Infibeam with target at Rs 165 and stop loss at Rs 150
More info click here>>Ripples Advisory
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