Buy HCL Tech with price target of 440-445: CK Narayan

Buy HCL Tech. Post results, the performance of the stock has been decent. A near term resistance at about 419-420 has been exceeded.

| Updated: Jan 17, 2012, 02.28 PM IST

In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors shares his views about HCL Tech.

ET Now: What is the call on HCL Tech?

CK Narayan: Buy HCL Tech. Post results, the performance of the stock has been decent. A near term resistance at about 419-420 has been exceeded and the market has been able to hold onto it. So, currently trading in the region of about 426-427. I recommend a buy at the current level using Rs 8-10 stop and look for a target at about 440-445.

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