Buy DCHL for 13% upside in near term: ULJK
ULJK Securities is bullish on Deccan Chronicle and has advised traders to buy the stock around Rs 83 for a 13 per cent rise in short-term period.
By ET Bureau |
MUMBAI: ULJK Securities is bullish on Deccan Chronicle and has advised traders to buy the stock around Rs 83 for a 13 per cent rise in short-term period.
���DCHL is looking very bullish on the chart. This stock is trading comfortably above all short and long term moving average. So we initiate a technical buy on this counter around the current market price of Rs 83 with stoploss of Rs 69 for a target of Rs 98 which is a 13 per cent gain for a very short term period and Rs 124 levels for a mid term,��� said Dipesh Dedhia, technical analyst, ULJK Securities.
���DCHL is looking very bullish on the chart. This stock is trading comfortably above all short and long term moving average. So we initiate a technical buy on this counter around the current market price of Rs 83 with stoploss of Rs 69 for a target of Rs 98 which is a 13 per cent gain for a very short term period and Rs 124 levels for a mid term,��� said Dipesh Dedhia, technical analyst, ULJK Securities.
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