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Published on 21/01/2020 10:15:00 AM | Source: HDFC Securities Ltd

Momentum Pick - Buy Aptech Ltd For Target Rs. 204 By HDFC Securities

Posted in Broking Firm Views - Short Term Report| #IT Sector #Aptech Ltd #HDFC Securities #Trading Report

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Momentum Pick Of Buy Aptech Ltd For Target Rs. 204 - HDFC Securities

* After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce today.

* Currently, the price is making an attempt to show upside move above the key upper resistance.

* The short term trend has turned positive.

* We observe a formation of positive candlestick pattern as per intraday/daily timeframe chart.

* Volume has started to rise along with the up move in the stock price.

* The daily/intraday RSI is showing positive indication.

Recommendation

Buy Aptech Ltd @174.50 - 171 SL 168.40 Target 204

 

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