HDIL has a long way to go on the upside: Devang Visaria
HDIL is just giving you close above its 200 day moving average.
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| Devang Visaria, Chief Strategist, devangvisaria.com, in a chat with ET Now talks about his BTST idea.
If you were to initiate a ‘buy today sell tomorrow’ or a ‘sell today buy tomorrow’ idea, what would it be purely in the cash market not in the options?
It would be HDIL. At these levels, it is just giving you close above its 200 day moving average, also it is negating a bearish price pattern. So this stock has a long way to go on the upside. As a personal target, 330-340 looks likely with a two or three week kind of perspective but purely as a BTST, tomorrow early morning 290 should be a good target.
If you were to initiate a ‘buy today sell tomorrow’ or a ‘sell today buy tomorrow’ idea, what would it be purely in the cash market not in the options?
It would be HDIL. At these levels, it is just giving you close above its 200 day moving average, also it is negating a bearish price pattern. So this stock has a long way to go on the upside. As a personal target, 330-340 looks likely with a two or three week kind of perspective but purely as a BTST, tomorrow early morning 290 should be a good target.
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