Short HDFC Bank with a stoploss of Rs 635: Gupta

Written By Unknown on Sabtu, 06 April 2013 | 14.02

Amit Gupta, ICICI Direct is of the view that one can short HDFC Bank with a stoploss of Rs 635.

Gupta told CNBC-TV18, "The stocks or the sectors which were providing some comfort to the market in this leg they are also giving up. You start with technology where the funds were shifted actually just for the sake of some kind of resilience against the falling market that is that sector also is giving up."

He further added, "If you look at the private banking where HDFC Bank we feel may fall because of long liquidation so this is one stock that I am pitching. Rs 616 is the level where in the last two-three months continuously the delivery based buying has been seen. So if it is coming below Rs 616, there will be some kind of long liquidation that is there on the cards and it can come down till Rs 580 or Rs 570 levels also. So this is one stock where I am recommending to go short with a stop loss of Rs 635."



Anda sedang membaca artikel tentang

Short HDFC Bank with a stoploss of Rs 635: Gupta

Dengan url

https://rokokkanker.blogspot.com/2013/04/short-hdfc-bank-with-stoploss-of-rs-635.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Short HDFC Bank with a stoploss of Rs 635: Gupta

namun jangan lupa untuk meletakkan link

Short HDFC Bank with a stoploss of Rs 635: Gupta

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger