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Trading ideas by HDFC Securities: Buy Oberoi Realty, Avenue Supermarts

On June 3, Oberoi Realty's stock surpassed the crucial double top resistance of 630 on a closing basis

Topics
Markets | Market technicals | Nifty Outlook

Vinay Rajani  |  Mumbai 

Buy, Sell, markets, stocks, shares, investments, mutual funds, investors

Nifty outlook

Nifty is in to continuation of an uptrend and is gradually moving towards the 16,000 psychological level. Support for the Nifty has now shifted upward to 15,700. BankNifty has resumed its uptrend after two weeks of underperformance against Nifty. BankNifty is expected to move towards the next targets of 35,810 and 36,500 in the coming weeks. Support for the BankNifty has shifted up to 34,750.

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First Published: Wed, June 16 2021. 08:40 IST
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