NIFTY: BUY
TARGET: 11,750
STOP LOSS: 11,480
Nifty has taken off its previous swing resistance and with that, the trend continues to be positive. The index is now likely to inch towards 11,750 levels which is just near its all-time highs. On the lower side, it has good support at 11,480; hence, till those levels are held the bulls continue to have an upper hand.
HDFC: BUY
TARGET: Rs 2,080
STOP LOSS: Rs 1,902
The stock has reversed from the 50 per cent retracement level and has formed a bullish piercing pattern. On the lower side, it has crucial support at Rs 1,902, whereas the target on