Raja Venkatraman recommends three stocks for 2 July
New Delhi, July 2 -- Slow pace of recovery in the trend revival is leading us to a miserable situation in the market. As the trends remain curtailed the hope that the market would recover from lower levels is intact its just that the trends are taking some time.
Indian markets managed to close positively as volatile market action on Wednesday ending a two-day losing streak as financials, Reliance Industries and auto stocks lifted sentiment despite continued weakness in IT. The Sensex surged 444 points to close at 76,923, while the Nifty 50 reclaimed the 24,000 mark, finishing at 24,006.
DELHIVERY (Cmp 507.70)
DELHIVERY: Buy above Rs.510, stop Rs.490 target Rs.565 (Multiday)
HEXT:Buy above Rs.553, stop Rs.528 target Rs.620 (Multiday)
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