HDIL : Buy
Entry price: 75 - 80
Stoploss: 70
Target: 115
Time period : 1 month
The entire Real-estate pack has been in the down-ward trend through out last 3 years.
In the month of January, the volumes in all the reality counters have increased.
The larger volumes in this counter indicates buying by stronger players. As the 100 DMA is placed at 80, the stock is facing some resistance at these levels.
But, the stock has been side ways for more than a year and it is more likely that the hurdle would be cleared.
Entry price: 75 - 80
Stoploss: 70
Target: 115
Time period : 1 month
In the month of January, the volumes in all the reality counters have increased.
The larger volumes in this counter indicates buying by stronger players. As the 100 DMA is placed at 80, the stock is facing some resistance at these levels.
But, the stock has been side ways for more than a year and it is more likely that the hurdle would be cleared.
Sheetalpuri Goswami
+919879028295
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