Market Watch

Tuesday 12 March 2013

Stock Recommendation For Today


Money Capital Height Research Pvt Ltd is an ISO 9001-2011 Registered Company and  a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Stock Tips.

Stock Recommendation:

CapitalHeight’s stock recommendation for 12/03/2013 is HDFC Ltd. HDFC Ltd has been trading in consolidation from last few trading session. It took support around 750 level and bounced from that level. In today’s trading session it closed above 100 DMA. On the daily chart momentum indicator, MACD has also given positive crossover.It was up by 2.18%. It’s having near resistance level around 880, above it we can see some more upside movement in the stock. In short term some uptrend can be expected. One can go for long position in HDFC Ltd above 836. The stock may test level of 855 in
near term.Our recommendation on HDFC Ltd is BUY above 836 for the Target of 845/855.

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