 "Markets, Buy, Sell, Stocks")
NIFTY VIEW
Nifty continues to surge one way from 10,600 levels with RSI on the daily chart still showing some upside potential to 11,250. The market was supported by RIL, HDFC, and ICICI Bank. Midcap sector too has rallied substantially and can be sideways from here on for a while. The support for the day is seen at 36,350/10,980 while resistance is seen at 36,930/11,130. Bank Nifty would have a range of 27,330-27,940.
BUY HDFC LTD
CMP: Rs 1,885.20
TARGET: Rs 1,970
STOP LOSS: Rs 1,830
The stock has witnessed a short correction phase and has shown signs of bottoming out near Rs 1,830 levels. It
