CA Rudramurthy BV of Vachana Investments discusses with Prashant Nair and Ekta Batra his analysis on the F&O side of the market as well as specific stocks and sectors.
He also spoke at length on HDFC Bank, Axis Bank, and Jet Airways.
Talking about stocks, CA Rudramurthy BV said, “I like HDFC Bank, formation has been very positive with open interest addition so stock can look at immediate targets of Rs 1,990 with a stop loss of Rs 1,960. Axis Bank also looks very positive to me Rs 630 would be my immediate target with a stop loss of Rs 610 and a stock not miss is Jet Airways one can buy Jet Airways in futures for a trading bounce. Look at initial targets of Rs 290 with a stop loss of Rs 265.”
: I and my clients have positions on all these stocks whatever I have recommended and Bank Nifty we are long from levels of 25,800 onwards.
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