The latest analysis and commentary by stock market guru Chandan Taparia of Motilal Oswal Securities on what is moving the markets today.
He also spoke at length on HDFC Bank, Havells, LIC Housing Finance, and Sun TV.
Speaking about calls, Chandan Taparia said, “First trade will be buy on HDFC Bank. As Bank Nifty has already given a breakout the HDFC Bank is not likely to take a lead. One can buy with a stop loss of Rs 1,945 to play with upside move on the counter. Second trade will be buy on Havells. We have seen built up of long position of 9-10 in the counter in last two trading session. It has given a breakout from its pole and flag pattern, one can buy with a stop loss of Rs 670 for an upside target.”
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