Business Standard

Technical calls by HDFC Securities: Buy Jubilant Foodworks, TCI Express

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.

Markets, Buy, Sell, Stocks
Premium

Photo: Shutterstock.com

Vinay Rajani Mumbai
Nifty heading towards 12300; support seen at 11800

Nifty has been consolidating for last few sessions. The bullish “Cup and Handle” formation on the daily charts indicates the upside target of 12,300 in Nifty for this month. As fas as support is concerned, 11,800 is a level to watch out for as a Stoploss in long positions.

Stock recommendations

BUY JUBLFOOD (Rs 1,582)

Target: Rs 1,700

Stop-loss: Rs 1,550 

The stock has been consolidating for last five trading sessions. The primary trend of the stock has been bullish, as it has been forming higher tops and higher bottoms on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in