Moneycontrol News
The Nifty after opening flat gained strength in the morning trade itself and reclaimed psychological 11,000-mark despite tepid global cues on Friday.
The index managed to hold the same level at close, forming small bullish candle on the daily charts and Doji Cross kind of pattern on the weekly scale.
A 'Doji' is formed when the index opens and then closes approximately around the same level but remain volatile throughout the week which is indicated by its long shadow on either side. It appears like a cross or a plus sign.
Index has got stuck in between 10,923 to 11,078 zones from last eight trading sessions and requires a range breakout to commence the next leg of rally, experts said, adding the flat close on week on basis with a Doji candle which indicates a tug of war while decline is being bought in the market.
Ashwani Gujral of ashwanigujral.com
Sell Raymond with a stoploss of Rs 805, target Rs 780
Sell United Breweries with a stoploss of Rs 1090, target Rs 1030
Sell Indian Bank with a stoploss of Rs 305, target Rs 300
Buy Hexaware with a stoploss of Rs 498, target Rs 515
Buy HCL Technologies with a stoploss of Rs 994, target Rs 1020
Sudarshan Sukhani of s2analytics.com
Buy Berger Paints with a stoploss of Rs 303, target Rs 318
Buy Dabur India with a stoploss of Rs 368, target Rs 378
Buy Indraprastha Gas with a stoploss of Rs 274, target Rs 285
Sell Zee Entertainment with a stoploss of Rs 520, target Rs 508
Sell Capital First with a stoploss of Rs 489, target Rs 479
Mitessh Thakkar of mitesshthakkar.com
Sell DCB Bank with a stoploss of Rs 164.5, target Rs 152
Sell Hero Motocorp with a stoploss of Rs 3421, target Rs 3290
Buy Bata India with a stoploss of Rs 838, target Rs 885
Buy LIC Housing Finance with a stoploss of Rs 506, target Rs 545
Buy Sun Pharma with a stoploss of Rs 551, target Rs 580
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