Raja Venkatraman recommends three stocks for 13 August
New Delhi, Aug. 13 -- Key support levels were put to the test on Wednesday as bullish enthusiasm hit a wall of hesitation, failing to break out and extend gains. Even so, the market's underlying resilience continues to anchor investor confidence.
AARTIIND (current price: Rs.530.90)
Buy above Rs.533, stop Rs.503 target Rs.590 (Multiday)
Buy above Rs.420, stop Rs.397, target Rs.468 (Multiday)
UNIONBANK (current price: Rs.187)
Buy above Rs.190, stop Rs.183, target Rs.206 (Multiday)
Indian equities ended on a cautious note on 12 August as choppy trade kept the Nifty under pressure. After dropping early to test the crucial 24,300 support zone, the index staged a modest recovery to close near 24,471. Broader market breadth was more resili...
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