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Day Trading Guide: HDFC Bank among 4 stock recommendations for Friday
Here are the top four stock recommendations which analysts suggest:
ETBFSI
Stop loss: Rs 1,360
Target: Rs 1,440
Consolidation breakout on price charts, along with improved breadth in the private banking space, warrants a positive outlook on the stock.
(Analyst: Amit Trivedi, YES Securities)
Stop loss: Rs 189
Target: Rs 223
Tyre stocks saw positive traction in terms of price and volume activity. The range is shifting higher. Stability at current levels is likely to extend the recent rally.
(Analyst: Amit Trivedi, YES Securities)
Agencies
Stop loss: Rs 2,360
Target: Rs 2,835
Hindustan Unilever has broken a major resistance area. Crude and palm oil prices have also fallen. HUL can be picked up for short term gains.
(Analyst: Manoj Dalmia, Proficient Equities)
Stop Loss: Rs 173
Target: Rs 207
Coal India is taking support above its 200-and 150-Dema. We can expect some good moves on the upside. A small stop loss can be kept to take advantage of the price move.
(Analyst: Manoj Dalmia, Proficient Equities)
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Agencies
