Technical View:: Nifty, HDFC Bank & Can Fin Homes
Click on chart to enlarge. Would advice to trade in small quantites due to recent market rally and uncertainty over Poll outcome. Markets could show a strong move on either sides depending on outcome of poll results.
Nifty: Technically nifty has given a strong breakout above 6400 levels. It faces some resistance near 6590 levels. a close above 6590, it can head upto 6660-6680 levels. on the downside has strong support in the 6350-6400 zone.
HDFC Bank: HDFC Bank does look good technically. One can add few here for a short term target of 760-765. it has strong support at 705-715 levels.
Can Fin Homes Technically it does look good above 178 levels. In short term can head upto 200-205 levels. Has strong support at 175-179 levels.
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Manish Says:
March 18th, 2014
Posted at: 12:59 pm
Can HDFC bk be brought at current price...
md Says:
March 18th, 2014
Posted at: 4:55 pm
What about renuka sugars? For 2 to 3 months period can i buy?
CB Says:
March 18th, 2014
Posted at: 4:56 pm
Hi Manish, yes, can add few at cmp
Hi md, it can test levels of 24-25 in med term. can add few at cmp
baldev Says:
March 18th, 2014
Posted at: 6:40 pm
Hi cb which sectors are better for investment
CB Says:
March 20th, 2014
Posted at: 11:50 am
Hi baldev, midcap IT, Capital goods and Oil & gas look good.
GATI Ltd Says:
March 22nd, 2014
Posted at: 4:43 pm
Can I hold GATI for medium term ? What will be the roughly target ?
CB Says:
March 22nd, 2014
Posted at: 6:52 pm
Hi GATI Ltd, yes, it can head upto 66