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Buy ABB India, Hero Motocorp, M&M Finance; Sell Ceat

Reliance Securities | 21 Feb, 2018  | Follow Author | Add to my Favourites 
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ABB India closed positive (+2.3%) in weak market yesterday.

On the back of strong presence in power T&D space, we believe  ABB would continue to command higher multiple, going forward. We are positive on the stock.

Positional Pick


Fresh short position can be initiated in the range of Rs 1610-1640 for the target of Rs1460 with a strict stop loss of Rs 1705.

Intraday Picks


For today’s trade, long position can be initiated in the range of Rs 3475-3460 for the target of Rs 3540-3570 with a strict stop loss
of Rs 3435.


For today’s trade, long position can be initiated in the range of Rs 431-428 for the target of Rs 443-449 with a strict stop loss of
Rs 420.
  Read full report Click here to read the full report

3,546.05 -97.15
3,546.10 -94.70
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About Reliance Securities

Reliance Securities, the broking arm of Reliance Capital, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. Focus on timely & error-free execution represents its core strength. Their best in class research offerings, high degree of compliance with stock exchange regulations, ethical business standards, & strong risk management capabilities; Reliance Securities positions itself amongst strong & innovative brands in the financial services space.

For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.


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