nitinse333

nitinse333

HDFC BANK gave a consolidation breakout last Friday and closed at 1033.35 , it has taken out the previous supply zone of 980-1000 with good volumes , which indicates bullish momentum . The stock is trading above 20 & 50 day moving average and can see an upside targets of 1092 and 1120. Fresh entry can be at 1020 levels or cmp with a sl 965 on closing basis .

nitinse333

Mothersumi is trading in a narrow range for past 10 trading days and taking support at 76 zone , if it breaks price of 83 the stock will breakout for the upper targets of 102, 109 on a positional basis , view negated below 70.50 closing basis