HCL Technologies
Recommendation: Buy
Last Close: Rs 1,007.25
Initiation range: Rs 990-1,000
Target: Rs 1060
Stop loss: Rs 965
The IT pack is doing well despite the prevailing consolidation phase in the benchmark and most IT majors are trading in tandem with the trend. Among all, HCL Tech has surpassed the hurdle of the previous swing high of late and is gradually inching towards its record high. We suggest using any dip to create fresh longs in the mentioned zone.
Hindustan Unilever
Recommendation: Buy
Last Close: Rs 2,244.05
Initiation range: Rs 2,230-2,240
Target: Rs 2,325
Stop loss: Rs 2,190
We’re seeing a rebound in the