From mint · Asit Manohar · · 1m 20s
Top 3 Stocks to Buy: HDFC Bank, Infosys, BEL
Ganesh Dongre recommends HDFC Bank, Infosys, BEL with target prices and stop-loss levels.
In brief
Ganesh Dongre recommends HDFC Bank, Infosys, BEL with target prices and stop-loss levels. Ganesh Dongre of Anand Rathi recommends HDFC Bank, Infosys, and BEL with specific target prices and stop-loss levels for investors. Originally reported by mint.
Market Context
The Nifty 50 declined nearly 3.11% to close at 22,421, while the Bank Nifty declined 2.03% to close at 54,450.
Nifty 50 Resistance
The Nifty 50 faces strong resistance in the 23,500, 23,600 zone, coinciding with the 200-day EMA resistance area.
Nifty 50 Support
The market could witness volatility followed by sideways consolidation near 22,000, 22,200.
Bank Nifty Support
The Bank Nifty remains under selling pressure near 52,700, with 56,000, 56,500 as key resistance.
HDFC Bank Recommendation
Buy at ₹ 710 to ₹ 720 | Target ₹ 760 | Stop Loss ₹ 680.
Infosys Recommendation
Buy at ₹ 1020 to ₹ 1040 | Target ₹ 1180 | Stop Loss ₹ 980.
BEL Recommendation
Buy at ₹ 390 to ₹ 395 | Target ₹ 410 | Stop Loss ₹ 380.
Disclaimer
This story is for educational and informational purposes only. Views and recommendations are those of individual analysts, not Mint.
The main idea
Ganesh Dongre of Anand Rathi recommends HDFC Bank, Infosys, and BEL with specific target prices and stop-loss levels for investors.
