Three stocks picks by Osho Krishan of Anand Rathi: Buy HDFC AMC, Mphasis

HDFCAMC has corrected from its recent high of 3360 odd levels and has consolidated near the 61.80% of the Fibonacci retracement

BUY Avenue Supermarts Limited | TARGET: Rs 3,180 | STOP LOSS: Rs 2,775

DMART has witnessed consolidation range breakout on the back of notable increase in trading volumes in the last session and settled near the cluster of short and medium-term exponential moving averages on the daily chart. Even the stock has rebounded from its 100 DEMA and on the oscillator front, has witnessed a golden crossover on the 14-period RSI indicating the bullishness to remain intact for the near future.

BUY HDFC Asset Management Company Limited | TARGET: Rs 3,250 | STOP LOSS: Rs 2,840

HDFCAMC has corrected from its recent high