 "Due to the recent corrections, the momentum indicators and oscillators in HCL Tech stock have reached the oversold territory on the daily chart")
BUY HDFC AMC | TARGET: Rs 3,150 | STOP LOSS: Rs 2,850
The stock was in a strong uptrend and witnessed some profit booking from the higher levels. If we take the retracement of the entire rally, then the stock has found support at 38.2 per cent retracement levels which is placed at 2,850 levels. The momentum indicator RSI and MACD are very well in the buy mode on the weekly time frame and hints of a trend reversal on the higher side.
BUY ICICIGI | TARGET: Rs 1,425 | STOP LOSS: Rs 1,340
The stock formed an inside bar pattern on the
