Accumulate HB Stockholding on dip: Angel Broking
ET Now talks to Shardul Kulkarni, Sr Technical Analyst, Angel Broking on HB Stockholding.
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| ET Now talks to Shardul Kulkarni, Sr Technical Analyst, Angel Broking on HB Stockholding.
HB stock broking, you got a call on this particular one or any broker for that matter?
Brokerage stocks are doing quite well. The charts of MK Global look quite good and the charts of India Infoline shows a little bit of consolidation so the one that you have picked which is HB Stockholding yes it is already at 52-week high so probably on a dip one can accumulate but it will be better to stay with the large cap stocks. Probably MK Global and India Infoline accumulation zones are setting in place so the long term trend might have reversed at this juncture.
HB stock broking, you got a call on this particular one or any broker for that matter?
Brokerage stocks are doing quite well. The charts of MK Global look quite good and the charts of India Infoline shows a little bit of consolidation so the one that you have picked which is HB Stockholding yes it is already at 52-week high so probably on a dip one can accumulate but it will be better to stay with the large cap stocks. Probably MK Global and India Infoline accumulation zones are setting in place so the long term trend might have reversed at this juncture.
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