Top trading ideas by Angel Broking: Buy HDFC, ICICI Lombard

Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking.

Be prepared for wild swings, hopeful of a favourable outcome

Last week’s price action was clearly divided into two parts, first half was the rub off effect of previous week’s turmoil due to US – China trade war and the second half was the hope rally ahead of the exit polls result. On Friday, we witnessed a complete gush towards the fag end, which pushed index significantly higher to reclaim the 11,400-mark on a closing basis by recouping over a per cent from the previous week’s damage.

We are now stepping into a crucial week and since the election verdict is one