Buy Deltacorp for a target of Rs 280, SL of Rs 245: HDFC Securities

Nifty outlook and technical calls by Vinay Rajani, Senior Technical Analyst at HDFC Securities.

Nifty heading for 11300 Target; Support shifted upward to 10750

Nifty gained for the 6th session on a trot, to close at 10908, the highest level since 1st October 2018. Nifty has broken out from the crucial downward sloping trend line resistance of 10840. Next Target for Nifty is now seen at 11300. Support for the Nifty is now shifted upward to 10750.

Buy Deltacorp at Rs 257 

Target: Rs 280 

Stop Loss: Rs 245

The stock has surpassed the crucial resistance of 200 DMA. The stock has broken out from the