The stock of Hindustan Petroleum Corporation (HPCL) has formed a strong base at around 205 levels and is making a higher top and higher bottom formation on the daily chart
The stock of Maruti Suzuki India might show further strength if it moves above 7,620
Previous top on the daily charts is placed at 11,794, which is likely to provide support to the index
If these levels are taken out, this will certainly negate the bearish stance and then the indies can head higher.
The benchmark indices have witnessed a 4 per cent rise so far in CY18. We take a look at some of the stocks that are likely to deliver decent returns in the coming year.
Stock recommendations from Prabhudas Lilladher
Stock ideas from Chandan Taparia of Anand Rathi
Stocks tips for the day
Here are a few stock picks from Sacchitanand Uttekar, Equity Technical Analyst at Motilal Oswal
Stock recommendations from Chandan Taparia of Anand Rathi