The latest analysis and commentary by stock market guru Manoj Murlidharan, VP-Derivatives at Religare Securities on what is moving the markets today.
He shared his views and readings on HDFC Bank and Godrej Consumer Products.
Talking about stocks, he said, “We expect follow-up buying to come in today’s trade in HDFC Bank. Rs 2,270 to Rs 2,284 is where we expect the target might be. Buy at yesterday’s closing at around Rs 2,220 and the stop loss should be 20 more points in the downtrend, somewhere close to Rs 2,195 the stop loss.”
“Buy Godrej Consumer Products somewhere close to Rs 725 is what we recommend and the stop loss should be Rs 718 and we are expecting target close to Rs 740,” he added.Disclaimer:
The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.