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You are here : IndiaNotes >> Research & Analysis >> Companies >> Hero MotoCorp Ltd. >> Research

Investment idea: Buy PNB Housing, HeroMoto, ACC

Way2wealth | 09 Jan, 2018  | Follow Author | Add to my Favourites 
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The  opening  session  of  week  started  on  cheerful  note  considering  the  positive cues across the globe and Nifty index hit another milestone by surpassing 10600 levels during the initial hour of trade. Subsequently,  the bulls maintained the gains throughout  the  remaining  part  of  the  session.  In  the  process,  Nifty  ended  the session near the highest point of the day and gain 0.61%. At this juncture, the Nifty index eventually broke the bearish divergence trend line drawn on weekly RSI (14) chart.  Going  forward,  yesterday’s  gap  area  of  10588  /  10566  may  to  act  as  an immediate support. On the other side, 10645 / 10670 are immediate hurdle.


Stocks For Today

Name                 Entry                         Target      Stop loss

PNBHOUSING     Buy Around 1328         1389         1300

HEROMOTOCO   Buy At cmp 3786.75     3850          3745

ACC                    Buy Around 1820          1870          1795


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About Way2wealth

Way2Wealth today has established itself as one of India’s ‘Premier Investments Consultancy Firms’, known for making investing simpler, more understandable and profitable for the investors. They offer a wide range of products & services viz: Equity, Derivatives, Currency Futures, Commodities Trading, IPO's, Mutual Funds, Portfolio Management Services & Depository Services.

 

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