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Go long in HCL Technologies: Chandan Taparia

Chandan Taparia of Anand Rathi recommends going long in HCL Technologies as the stock may rally towards Rs 1700-1720.

August 27, 2014 / 13:40 IST
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Chandan Taparia of Anand Rathi told CNBC-TV18, "We are suggesting to go long on HCL Technologies. This stock has seen addition of open interest by 30 percent in just three to four trading sessions. The way the stock is making attractive price pattern and heading fresh long, rally can continue to higher levels."

"HCL Tech has immediate support near to the Rs 1600 zone. Traders are adviced to keep the stoploss near to Rs 1,600 and continue to ride on the rally towards Rs 1,700-1,720 on higher side," he said.

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first published: Aug 27, 2014 01:36 pm

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