Keep stoploss of Rs 140 in HDIL: LKP

Keep stoploss of Rs 140 in HDIL, says Rakesh Gandhi, Senior Tech Analyst, LKP.

Gandhi told CNBC-TV18, "HDIL has found support around Rs 150 level and between Rs 140 and Rs 150 it has got a quite a good support. So till the stock does not move out of this Rs 10 range, there is a potential that it would bounce back to Rs 165 or Rs 170. So if traders buy at this point of time the stop loss would be Rs 140." Disclosure: No, but we have been regularly recommending to LKP clients for the trading purpose, all the stocks, which we have discussed.