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Published on 15/01/2020 11:34:03 AM | Source: HDFC Securities Ltd

Momentum Pick - Buy QUICKHEAL Ltd For Target Rs.150​​​​​​​ By HDFC Securities

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

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Momentum Pick Of Buy QUICKHEAL Ltd For Target Rs.150 - 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 QUICKHEAL Ltd @ 137 - 134 SL 132.80 Target 150 CMP 147.05

 

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