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HDFC can touch Rs 660-665: Amit Gupta

HDFC can touch Rs 660-665, says Amit Gupta, Chief Manager- Derivatives -ICICI Securities.

February 23, 2011 / 12:11 IST
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HDFC can touch Rs 660-665, says Amit Gupta, Chief Manager- Derivatives -ICICI Securities.

Gupta told CNBC-TV18, "If you look at the shorting, I think pharmaceutical is not looking at all good because the problem with the pharmaceutical is there is a lot of long positions and still heavy open interest is left and we are not seeing the good rollovers to the next series. So I think if any pull down has to come that may possibly come from the pharmaceutical pack." He further added "I think HDFC as you mentioned has opened positive, that particular stock is looking good because the whole banking and financial services
first published: Feb 23, 2011 11:42 am

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