Stock of the day : Housing And Urban Development Corporation Ltd by Target Rs. 256 - Religare Broking Ltd
Housing And Urban Development Corporation Ltd
Buy Housing And Urban Development Corporation Ltd CMP 239.74 Range 238-240 SL 230 Target 256
* HUDCO is demonstrating strong bullish momentum following a consolidation phase, marked by a decisive breakout above the descending trendline.
* The price action remains well-positioned above the 50, 100, and 200 DEMA levels, indicating firm trend alignment and sustained buying interest.
* The breakout, accompanied by rising volumes, confirms active participation and reinforces bullish conviction.
* Overall structure favors continued upside, and traders may consider initiating long positions near current levels to capitalize on the prevailing positive trend.
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SEBI Registration number is INZ000174330
