The latest analysis and commentary by stock market guru Krish Subramanyam of Altamount Capital on what is moving the markets today.
He also spoke at length on Hindustan Petroleum Corporation (HPCL) and Tata Steel.
Talking about his F&O strategies Krish Subramanyam said, “I am recommending HPCL, one could buy the futures for a possible target of Rs 237 and keep a stop loss of Rs 220. Rs 215-220 seems to be historically very strong support level so going with the expiry we may see upside continuing. The last one is buying on Tata Steel the metals have been in a great shape this week and they have actually led the rally from the forefront and have recovered quite a lot from the lows so one could buy Tata Steel for a possible target of Rs 509 and would suggest to keep a stop loss of Rs 490.”Disclaimer
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