The latest analysis and commentary by stock market guru Chandan Taparia of Motilal Oswal Securities on what is moving the markets today.
He also spoke at length on United Breweries, Dabur, HDFC Bank, and Kotak Mahindra Bank.
“First trade is buy on United Breweries (UBL). The stock has seen the strong momentum in last couple of trading session. On weekly scale it is making higher tops and higher bottoms and it is trading at lifetime high territory. One can continue to be with long positions by putting stop loss of Rs 1,450 and this stock has potential to move towards Rs 1,530 to Rs 1,540 on the higher side. Second trade that is from pharma space that is Dabur. One ca buy with a stop loss of Rs 417 for the targets towards Rs 447.”Disclaimer
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