BUY BANDHAN BANK | TARGET: Rs 380 | STOP LOSS: Rs 330
The stock has witnessed a sharp correction from the peak of 425 towards 300 odd zone and has retraced more than 61.80 per cent from the mentioned levels. At current juncture, the stock is hovering just above the clusters of moving averages on daily chart and also the placement of rising trend on wide horizon depicts that the bullish stance may remain intact. On technical parameters, the 14 period RSI has witnessed positive crossover, affirming the bullishness in the counter.
BUY HCLTECH | TARGET: Rs 1,050 | STOP LOSS: Rs